Comment Escaping dire straits by selling Dire Straits (Score 1) 50
Their financials certainly look like they're in dire straits.
It seems Warner can't catch a break. Time Warner's financials were in dire straits in 2004 as well with a load of debt from the AOL merger. That time, they paid their debt by selling Dire Straits and the rest of Warner Music Group to Edgar Bronfman Jr.