Warner Bros Discovery sets stage for potential cable deal by splitting operations
Warner Bros Discovery on Thursday decided to separate its declining cable TV businesses such as CNN from streaming and studio operations such as Max, laying the groundwork for a potential sale or spinoff of its TV business as more cable subscribers cut the cord.
Warner Bros. Discovery restructures as cable struggles, setting stage for deals
Investors cheered the news that Warner Bros. Discovery planned to separate its cable channels, except for HBO, into a separate unit.
Warner Bros. Discovery restructures to split up streaming and cable businesses
Warner Bros. Discovery is reorganizing its business into two separate units: one for linear networks, and the other for streaming and studios business. The move, which is set to be complete by mid-2025, is meant to help the company “pursue further value creation,” potentially bringing it closer to breaking off its linear business entirely.
WarnerBros. Discovery announces major corporate restructure
Media conglomerate WarnerBros. Discovery (WBD) announced a major restructuring of its business on Thursday, splitting its linear and streaming arms into two separate companies as it eyes potential mergers and acquisitions in the coming year.
Warner Bros. Discovery strikes new distribution deal with Comcast
Warner Bros. Discovery reaches an agreement for Comcast Corp. to continue carrying its cable channels, including HBO, TNT, CNN and Animal Planet.
Warner Bros. Discovery's Restructuring Sets the Table for M&A in 2025 | Analysis
Warner Bros. Discovery's move on Thursday to restructure itself was essentially window dressing -- it doesn't change the fundamental challenges facing the media company. But it buys time for CEO David Zaslav to try to find a way out of the deepening hole caused by plummeting linear TV profits.
Can Warner Bros Discovery restructuring stop stock's 'terrible' run?
Christopher Carey, portfolio manager at Carnegie Investment Counsel, said Warner Bros. Discovery's announcement that it would separate its legacy TV business from its streaming and film divisions should be welcome news for shareholders,
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