Warner Bros break-up leaves shareholders in the cheap seats
While a cleaner structure ought to please Wall Street, both halves have their challenges
While a cleaner structure ought to please Wall Street, both halves have their challenges

Flood of money into evergreen vehicles has meant 7.5% share carved out in fund terms no longer sufficient

US media giant to separate streaming business from declining television network arm as viewing habits change

Bankers and lawyers cautiously optimistic that investor confidence is returning

Liberals were wrong to assume the two ideas are natural twins

Amid global turmoil, markets are focused on the hit to economic fundamentals

The sector’s pitch has worked but the next challenge is persuading investors to stay