Warner Bros. Discovery WBD0.66%increase; green up pointing triangle said it is restructuring into two operating divisions, one focused on the legacy cable TV business and the other on streaming ...
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Warner Bros. Discovery stock surges as it restructures its businessWarner Bros. Discovery, CNN’s corporate parent, announced Thursday it is establishing a new corporate structure that splits off its cable networks from its growing streaming business. The ...
Warner Bros. Discovery said Thursday that it is restructuring into two operating divisions — with one focusing on its struggling legacy cable TV business and the other on streaming and studios ...
Shares jump 13% after restructuring announcement Follows path taken by Comcast's new spin-off company Challenges seen in selling debt-laden linear TV networks Dec 12 (Reuters) - Warner Bros ...
The new corporate structure aims for “strategic flexibility” and greater shareholder value. By Etan Vlessing Canada Bureau Chief Warner Bros. Discovery, led by CEO David Zaslav, has become the ...
The move could be just the first step for David Zaslav to deal with declining linear TV assets, which remain a drag on the company. Warner Bros. Discovery CEO David Zaslav (Chris Smith/TheWrap ...
Warner Bros. Discovery is separating its linear television business from its streaming business and film studios. It follows a similar move by Comcast, which announced in November it would spin ...
Warner Bros. Discovery said it is restructuring into two operating divisions, one focused on the legacy cable TV business and the other on streaming and studios, a move that could set the company ...
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