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Warner Bros. Discovery Reorganization Clears Way For More Dealmaking
WBDWarner Bros. Discovery(WBD) Forbes·2024-12-13 05:06

(Photo by Aleksander Kalka/NurPhoto via Getty Images)NurPhoto via Getty ImagesWarner Bros. Discovery announced a reorganization this morning that separates its limping but still lucrative cable networks from its streaming and other operations, clearing the way for additional dealmaking in the months ahead.“The new corporate structure will also increase optionality to pursue further value creation opportunities for both divisions in an evolving media landscape,” said the company’s release detailing the move. ...