Discovery Global: The Spinoff Nobody's Talking About
Discovery Global: The $20 Billion Spinoff Nobody's Talking About Netflix isn't buying all of Warner Bros. Discovery—just the streaming and studio assets. Everything else becomes Discovery Global: a standalone linear television company with HGTV, Food Network, TLC, Discovery Channel, and CNN. Here's who might want to buy it and why managing decline can still be profitable. In this episode: How the Netflix-WBD deal structure creates the Discovery Global spinoff Why private equity firms love "melting ice cube" assets with predictable cash flows Potential acquirers: Apollo, Blackstone, Byron…
The skinny
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