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Warner Bros. Discovery’s Restructuring Sets the Table for M&A in 2025 | Analysis

The Wrap
tv
opinion
los angeles
restructuring
warner bros
Story by Alexei Barrionuevo
from The Wrap
Image from The Wrap
scrn logline
With a strategic restructuring, Warner Bros. Discovery lays the groundwork for potential M&A in the post-Trump era, as it battles plummeting linear TV profits.
beat sheet
  • The restructuring is merely window dressing, not a fix for WBD's fundamental challenges, but it buys time for CEO David Zaslav to explore dealmaking options.
  • The move signals that WBD is open to mergers and acquisitions once the new Trump administration takes over next month, as the company seeks to navigate the evolving media landscape.
call sheet
David Zaslav, Comcast, Disney, Warner Bros. Discovery
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