Warner Bros. Discovery Downgraded to Junk Status Credit Rating by S&P" /> <script type="application/ld+json" class="yoast-schema-graph
Entertainment
The global ratings company says it is concerned the entertainment giant will not be able to jumpstart its lagging TV business BURBANK, CA – DECEMBER 13: General views of the Warner Brothers studio lot on December 13, 2023 in Burbank, California. (Photo by AaronP/Bauer-Griffin/GC Images) Warner Bros. Discovery was downgraded to junk status by S&P Global Ratings on Tuesday, with the credit agency pointing to challenges facing its linear TV business as the primary driver. The downgrade, from BBB-
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