WarnerBros. Discovery WBD0.66%increase; green up pointing triangle said it is restructuring into two operating divisions, one focused on the legacy cable TV business and the other on ...
Warner Bros. Discovery became the latest media giant hit by the rise of cord-cutting and streaming to announce a restructuring, with plans to split its TV business from its streaming and film studios.
Shares jump 13% after restructuring announcement ... linear TV networks Dec 12 (Reuters) - WarnerBrosDiscovery on Thursday decided to separate its declining cable TV businesses such as CNN ...
With WarnerBros. Discovery new restructuring — hiving off the cable businesses like CNN and Discovery from its streaming and ... of the company into two business units. The next step is ...
On Dec. 12, shares of media giant WarnerBros. Discovery (NASDAQ: WBD) rallied over 15%. This immense gain was due to an announcement that the firm will restructureitsbusiness, which ...
Adapting to the shifting viewer preferences, WarnerBros. Discovery’s corporate structure restructuring ... Comcast is spinning off its cable networks business. Although the Company ...