Warner Bros. Discovery Restructures to Separate TV From Studios and Streaming
Warner Bros. Discovery announced plans Thursday to separate its linear TV from studios and streaming to create "two distinct operating divisions."
Warner Bros. Discovery Stock Jumps on Plan to Split TV Business From Streaming Studios
Warner Bros. Discovery became the latest media giant hit by the rise of cord-cutting and streaming to announce a restructuring, with plans to split its TV business from its streaming and film studios.
Warner Bros Discovery to split TV and streaming businesses into two units
Shares rose about 3% in premarket trading after the company said the new corporate structure will "increase optionality to pursue further value creation opportunities for both divisions". Media companies are considering options for their cable TV businesses as a largescale shift by consumers toward streaming has slammed growth in traditional TV,
HBO parent Warner Bros to split TV and streaming into two units
They are still down some 50 per cent since the group was formed in 2022 by the merger of Warner Media and Discovery. Warner Bros said it was creating a “new corporate structure”, in which the television business “will focus on maximising profitability and free cash flow”,
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. Divides Cable Assets From Streaming Businesses
Warner Bros. Discovery Inc. is changing its corporate structure and creating separate divisions for its cable and streaming businesses.
Warner Bros. Discovery Restructuring Splits Streaming and Cable Businesses
The split could spur consolidation by making it easier for the company to sell assets or merge operations with other companies
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