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Photorealistic image of Warner Bros. Discovery headquarters with shattered windows and market crash graph overlay.

To get Bugs Bunny out of his rabbit hole, the new company had an awful start. In four months, the Discovery side destroyed the company's WarnerMedia (formerly Time Warner) side; below are the reasons. They, along with two of their subsidiaries, Warner Bros. and Cartoon Network, supported NFTs which previously were hazardous for the environment. Even then, it's still unsafe because they are prone to scams. The merger caused WBD's stock to crash by 50% in its first five months, falling from $60 billion to $30 billion. This left the company with over $53 billion in debt. For reference, AT&T acquired WarnerMedia in 2018 for $85 billion and received half of that total ($43 billion) from the merger with Discovery. They have canceled or attempted to cancel most Warner Bros. projects and ended several shows, including their films, with Batgirl, Scoob! Holiday Haunt, and especially Coyote vs Acme being the worst offenders, even though these films were already largely finished and almost ready for release, with only some post-production stuff incomplete. The reason, at least for the latter, was for a tax write-off. It got so severe and it is considered a major antitrust problem that even a senator of the United States called it bluff, calling it "burning down a building for insurance money." They have been kicking several shows from HBO Max (formerly known as Max from 2023 to 2025) in international countries and official YouTube channels before this practice moved on to the United See more

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