Breaking News from CNBC’s David Faber: Warner Bros. Discovery Moving Towards Splitting Company – Sources
7 Articles
7 Articles
CEO David Zaslav Says Warner Bros. Discovery Can Move Quickly If It Wants To Restructure
WBD chief executive David Zaslav said an internal reorganization into two operating divisions, Global Linear Networks and Studios & Streaming, means “we can move quickly if we decide to change and make a determination on restructuring.” Comcast is doing just that, far along in splitting off its linear cable networks from the rest of NBCUniversal and into a standalone public company called Versant. WBD announced a similar division, but just int…
CNBC's David Faber: sources say WBD is moving toward a split that would see its linear cable networks spun off from the studio and Max
Tony Maglio / The Hollywood Reporter: CNBC's David Faber: sources say WBD is moving toward a split that would see its linear cable networks spun off from the studio and Max — CNBC's David Faber reports that a spinoff of Warners' cable channels is imminent. — It sounds like Discoveryco. may be a reality.
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