Warner Bros. Discovery announced its plan to split into two companies next year, creating a Streaming & Studios division and a Global Networks division. The Streaming & Studios company will house major entities such as Warner Bros. Television and HBO, aiming to streamline content production and delivery. Meanwhile, Global Networks will manage the entertainment, sports, and news channels, including CNN and Discovery+. CEO David Zaslav will lead the Streaming & Studios, while CFO Gunnar Wiedenfels will take charge of Global Networks. This strategic move is seen as a way to adapt to the evolving media landscape.
Warner Bros. Discovery's announcement to split into two companies marks a significant restructuring aimed at streamlining operations and focusing on distinct market segments.
The Streaming & Studios entity will combine iconic brands like HBO, Warner Bros. Television, and DC Studios, capitalizing on their rich film and television history.
Under the leadership of David Zaslav, the newly formed Streaming & Studios will leverage its extensive library to enhance content delivery and viewer engagement.
Gunnar Wiedenfels will head the Global Networks division, overseeing major entertainment and sports channels which will remain vital in the media landscape.
Collection
[
|
...
]