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HBO parent Warner Bros to split TV and streaming
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 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.
Warner Bros. Discovery Stock Jumps on Plan to Split TV Business From Streaming Studios
KEY TAKEAWAYS 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,
Warner Bros. Discovery Changing Corporate Structure to Oversee Linear TV, Streaming and Studios Divisions
Warner Bros. Discovery will now serve as the parent company for two operating divisions in a corporate structure change designed to enhance its flexibility.
HBO parent Warner Bros to split TV and streaming into two units
Warner Bros Discovery unveiled plans to split its television networks and streaming and studios businesses into two units, in a move that heightens the odds of a break-up of the owner of HBO and CNN.
Warner Bros Discovery sets stage for potential cable deal by splitting operations
Warner Bros Discovery on Thursday decided to separate its declining cable TV business from the streaming and studio operations, laying the groundwork for a potential sale or spinoff of its TV business as cord-cutting picks up pace.
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