Warner Bros. Discovery to Split Into Two Companies

Warner Bros. Discovery has announced plans, due to a decrease in their overall operations, to split the company into two separate entities that will be publicly traded. One segment of the business will focus on streaming and content creation, while the other will concentrate on traditional TV broadcasting.

David Zaslav, CEO of Warner Bros. Discovery’s streaming division, will continue as its head. Meanwhile, Gunnar Widenfels, the company’s Chief Financial Officer who is renowned for finding innovative methods to reduce expenses, will take charge of the television sector. The divisionation should be finalized by mid-2026, contingent upon closing and other requirements.

In the future, by functioning independently and optimally as separate entities, we are giving these renowned brands the concentrated attention and tactical agility they require to excel in the rapidly changing world of modern media,” Zaslav explained.

As a movie enthusiast, I’ve noticed a shift in our strategies that seems to mirror Comcast’s recent moves. They are separating NBCUniversal into two entities – one being a new publicly-traded company named Versant, which will primarily house their cable networks. On the other hand, they plan to keep their broadcast and streaming assets under the well-known banner of NBC.

Since its inception following the merger of AT&T’s WarnerMedia (previously Time Warner) and Discovery Communications under Zaslav, Warner has faced numerous challenges and experimented with various streaming strategies. This shift in focus has also resulted in a lack of original content for cable networks such as TNT and TBS, which is crucial for their growth. Lately, Warner has lost the rights to broadcast NBA games, a contract that provided its networks with a popular sports franchise and consistent viewership. Furthermore, they have reduced the value assigned to their cable properties.

More to come….

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2025-06-09 14:16