Warner Bros. Discovery shakes up its corporate structure, eyeing a potential spin-off of its legacy TV assets.
beat sheet
WBD is reorganizing into a global linear TV division and a separate streaming and studios division, aiming to bolster its 'strategic flexibility' and 'unlock additional shareholder value'.
This move comes as Hollywood studios continue to rework their corporate structures, with a focus on separating traditional TV channels from their film and streaming businesses.
Warner Bros. Discovery shakes up its corporate structure, eyeing a potential spin-off of its legacy TV assets.
beat sheet
WBD is reorganizing into a global linear TV division and a separate streaming and studios division, aiming to bolster its 'strategic flexibility' and 'unlock additional shareholder value'.
This move comes as Hollywood studios continue to rework their corporate structures, with a focus on separating traditional TV channels from their film and streaming businesses.