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- Discovery merged with WarnerMedia back in 2022 to create Warner Bros Discovery. Investors hate the outcome.
- Now someone at WBD is floating the idea to basically undo that merger, and create two new companies.
- It's unclear how serious WBD is about this plan. But the fact that it's even a discussion shows you how dire things have become.
Remember back in 2022 when we told you that combining the company that used to be called WarnerMedia with Discovery would be a great idea?
Well, what if we just pretend that never happened?