In 2022, McKinsey was paid $55M to advise Warner Brothers to combine with Discovery. From 2022-2025, McKinsey charged Warner Brothers Discovery $37M by advising the company to change HBO to HBO Max, then to Max, then back to HBO Max. In 2025, McKinsey billed Warner Brothers Discovery an additional $63M to determine that Warner Brothers and Discovery should be separate brands again.

Variety
@Variety
06-09
Warner Bros. Discovery to Split Into Two Companies https://variety.com/2025/tv/news/warner-bros-discovery-split-two-companies-streaming-tv-1236423250/…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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