Warner Bros. Discovery Restructures, Splits TV and Streaming Divisions
Warner Bros. Discovery has announced a new corporate structure, consolidating its operations into two divisions: Global Linear Networks and Streaming & Studios. This restructuring aims to enhance strategic flexibility and unlock shareholder value, amid speculation of potential mergers and acquisitions. The move is seen as a response to the declining performance of linear networks, with plans to implement the new structure by mid-2025. CEO David Zaslav emphasized the focus on cash flow from linear networks and growth in streaming and studios.