Warner Bros. Discovery Creates New Corporate Structure, Separating Linear Networks From Streaming & Studios; Stock Soars – Update
Warner Bros. Discovery is creating a new corporate structure, establishing a separation between linear networks and the streaming and studios businesses.
Warner Bros. Discovery separates TV networks from its streaming and studio business
Warner Bros. Discovery is separating its TV business including CNN from its streaming and studios. It illustrates a cable industry in decline.
Warner Bros. Discovery Splitting Linear Networks From Streaming Services
The new corporate structure, expected to be in place in mid-2025, is designed to enhance 'strategic flexibility.'
Why is Warner Bros Discovery splitting its cable networks from streaming business?
Warner Bros Discovery Inc (NASDAQ: WBD) announced plans to split its cable networks from its streaming and studio operations on Thursday. Shares of the mass media behemoth are up 15% at writing. “We continue to prioritise ensuring our Global Linear Networks business is well positioned to continue to drive free cash flow,
Warner Bros Discovery to separate linear from streaming and studios
Warner Bros Discovery is to bring in a new corporate structure that will see the creation of two separate divisions, Global Linear Networks and Streaming & Studios.
Warner Bros. Discovery Changing Corporate Structure to Oversee Linear TV, Streaming and Studios Divisions
Warner Bros. Discovery will now serve as the parent company for two operating divisions in a corporate structure change designed to enhance its flexibility.
Warner Bros. Discovery To Implement New Corporate Structure To Enhance Strategic Flexibility
Warner Bros. Discovery, Inc. (WBD) announced Thursday that its Board of Directors has authorized the Company to implement a new
Warner Bros. Discovery to split cable and streaming, studio businesses
Warner Bros. Discovery, which has a major presence in Atlanta with CNN and other cable channels, is not the first to separate its networks from its other business units.
Warner Bros. Discovery restructures to split up streaming and cable businesses
As the cable TV business continues to struggle, Warner Bros. Discovery inches closer to spinning its channels off entirely.
Warner Bros. Discovery Hits 1-Year High On New Corporate Structure: Retail Applauds Strategic Shift
Media and entertainment company Warner Bros. Discovery, Inc’'s ($WBD) shares rose to their highest level in a year after the company announced corporate restructuring to capitalize on evolving strategic opportunities.
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Global Linear Networks and Streaming & Studios will operate as two distinct units within WBD, which CEO David Zaslav ...