At the end of March, Warner Bros. Discovery had gross debt of $38.0 billion, which is comprised of “total debt” ($37.4 billion) and financial leases ($535 million). The 2022 merger of WarnerMedia (owned by AT&T) and Discovery, Inc. created more than $50 billion of debt.

Monday's news that Warner Bros. Discovery is splitting into two companies has fueled chatter about which execs will end up leading the new entities.

After adapting Viking mythology and a classic vampire tale, Robert Eggers has set his sights on Charles Dickens. IndieWire has confirmed that the “Nosferatu” filmmaker is set to write and direct a new film based on Dickens’ holiday classic “ A Christmas Carol ” for Warner Bros., with his muse Willem Dafoe eyed to star.

Robert Eggers is set to write and direct a movie adapting Charles Dickens’ classic ghost story set at Christmas. Eggers will produce the project alongside Chris Columbus and Elenor Columbus for Maiden Voyage.

After hitting a home run during the holidays with his critically-acclaimed new take on the Nosferatu story, Robert Eggers looks to be staying in the Christmas spirit for a new project he has his sights set on.

Wall Street analysts are bullish the move could pave the way for M&A and bring the industry a step closer to rationalization

The CEO also said that Disney+ will "probably" emulate Netflix and stop reporting subscriber numbers at some point, he noted during a CNBC appearance.

EXCLUSIVE: Adam Galen has been promoted to Vice President of Development at Warner Bros. Pictures Animation, the division’s President Bill Damaschke announced on Tuesday. In his elevated role, Galen will work alongside Susan Akinbola to lead the studio’s feature development slate,