The company behind CNN, HBO and TNT Sports has held discussions that could lead to the separation of its digital streaming and studio businesses from its legacy TV networks in an attempt to lift its share price.The Financial Times reported Thursday that Warner Bros Discovery CEO David Zaslav was considering several options for the company that include an asset sale and the separation of the Warner Bros movie studio from the Max streaming service.The report says that most of the groups $39 billion debt would find itself with the pay-TV networks were a Warner Bros Discovery separation take place.It was only in 2022 that Warner Bros Discovery was formed from AT&T’s Warner Media business and Discovery. Since then the share price has declined some 65%; shares rose by 6.5% in pre-market trading following the FT report.Warner Bros Discovery has not commented on the matter.
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