Warner Bros. Discovery to split
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Warner Bros. Discovery is splitting up after just over three years, and Wall Street is cheering. The spinoff will create a slew of new questions.
The Warner Brothers legacy started off with a $1,000 projector when Sam Warner saw the potential of motion pictures while working as a projectionist in the early 1900s. Over the last 100+ years, their company has seen many ups and downs, several leadership changes, and has undergone multiple corporate transactions and renaming.
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