Warner Bros. Discovery Restructures, Splits Streaming and Cable Units

Warner Bros. Discovery is splitting its business into two separate divisions. One for linear networks, and the other for streaming and studios. The move, which is set to be complete by mid-2025, is meant to help the company “pursue further value creation,” potentially bringing it closer to separating its linear business entirely.

Further, WBD planned on totally segregating its streaming business from its legacy networks and emphasizing completely on Max to fill itself free of the mountain of debt. The linear networks of WBD have over since been very afflicted, this company is receiving USD 9.1 billion write-down from its channels in August after TNT lost its live NBA games to Amazon Prime Video.

WBD isn’t the only one shaking up its cable business. Comcast disclosed the announcement last month that it would split off the cable TV channels under a new company. Deadline states that the chief executive officer of Disney, Bob Iger, very shortly declared that the company's linear network "might not be core" to the company's business.

WBD will move forward with the “foundational steps” of the new structure now, which CEO David Zaslav expressed will open up “potential future strategic opportunities across an evolving media landscape.”