Warner Bros Discovery split,. Here’s the scoop:
- 📺Two new companies:
- Streaming & Studios(HBO, Max, Warner Bros, DC) led by CEO David Zaslav
- Global Networks(CNN, TNT, etc.) overseen by CFO Gunnar Wiedenfels
- 🧭Tax-free spin-off, targeting completion around mid-2026 com+6reuters.com+6foxbusiness.com+6
- 💰Supported by a $17.5 B bridge loan; aims to free-streaming from cable drag
- 👉 Why this matters: Helps each business focus and invest where growth is — especially streaming.
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