Warner Bros. Discovery to be split
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Warner Bros. Discovery is splitting up after just over three years, and Wall Street is cheering. The spinoff will create a slew of new questions.
Warner Bros. Discovery doesn’t have a name for its planned stand-alone TV-centric biz, but it does have a proposed CEO: Gunnar Wiedenfels, WBD’s iron-fisted money manager. As CFO at Warner Bros. Discovery,
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The Streamable on MSNWhich WBD assets are going where in company split?Confused about where you’ll find new episodes of ‘Hacks’ or NHL games when WBD splits into two companies? We’ll try to break it all down. Warner Bros. Discovery is making a radical move in hopes of ensuring its future.
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Europe has been the fastest-growing international region for the streaming service, which is getting ready to accelerate its global growth strategy with the latest market debuts.
Four years ago, David Zaslav insisted that Discovery Communications together with what was then called WarnerMedia was more than the sum of its parts. They had a “formidable” lineup of global assets, he said.