Warner Bros. Discovery Exits GB News Investment

Warner Bros. Discovery has exited its shareholding in fldegling UK news channel GB News.

A statement in the past few minutes said that, following the merger of Warner Bros and Discovery, the company had “evaluated our global and local investment portfolio” and is no longer a GB News shareholder.

The channel launched last year with £60M of Discovery backing and has been beset with technical, audience and political issues.

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