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What will be Warner Bros. Discovery's main focus by end of 2025?
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Resolution / Starting Odds
Streaming • 25%
Studios • 25%
Global Linear Networks • 25%
Other • 25%
Official statements, press releases, or strategic reports from Warner Bros. Discovery
Story
Warner Bros. Discovery Restructures into Global Linear Networks and Streaming & Studios, Shares Surge 15% Ahead of Mid-2025 Implementation
Dec 12, 2024, 03:28 PM
Warner Bros. Discovery has announced a significant restructuring of its corporate framework, creating two distinct divisions: Global Linear Networks and Streaming & Studios. This move aims to separate its declining cable TV business from its growing streaming and production operations, potentially paving the way for a sale or spinoff of the cable unit as consumer preferences shift towards streaming services. The restructuring is reminiscent of similar strategies employed by NBC Universal and is expected to enhance strategic flexibility for Warner Bros. Discovery. Following the announcement, the company's shares surged by over 15% in after-hours trading, reflecting positive investor sentiment regarding the new direction. The restructuring is anticipated to take effect by mid-2025, with the company positioning itself for future deal-making opportunities in the evolving media landscape.
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Similar markets
Strengthening linear networks • 25%
Cost-cutting measures • 25%
Mergers and acquisitions • 25%
Expanding streaming services • 25%
Focus on Streaming Expansion • 25%
Focus on Content Production • 25%
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Other • 25%
Streaming Platforms • 25%
Film Production • 25%
Television Production • 25%
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Acquisition by another company • 25%
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Spinoff of Linear TV division • 25%
No major acquisition • 25%
A streaming service • 25%
A film studio • 25%
A technology company • 25%
Streaming & Studios • 33%
Global Linear Networks • 33%
Other • 34%
Global Linear Networks • 25%
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Studio • 25%
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Netflix • 25%
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Amazon Prime Video • 25%
Disney+ • 25%
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