Market
Where will Warner Bros. Discovery rank among entertainment stocks by end of 2025?
3
Resolution / Starting Odds
Top 3 • 25%
Top 5 • 25%
Top 10 • 25%
Outside Top 10 • 25%
Stock price data from financial markets or major financial news outlets
Story
Warner Bros. Discovery Restructures Under CEO David Zaslav, Separating Cable TV (CNN, TNT) from Streaming by Mid-2025; Stock Surges 15%
Dec 13, 2024, 04:20 AM
Warner Bros. Discovery (WBD) announced a significant restructuring of its business on December 12, 2024, which involves separating its declining cable television operations from its streaming and studio divisions. This move is aimed at adapting to changing consumer behaviors and potentially setting the stage for mergers and acquisitions in the coming year. The company, led by CEO David Zaslav, is responding to the ongoing trend of cord-cutting, which has pressured traditional cable networks like CNN and TNT. Following the announcement, Warner Bros. Discovery's stock surged by 15%, reflecting investor optimism about the strategic shift. The restructuring is expected to be completed by mid-2025.
View original story
Similar markets
Top 10 • 25%
Outside Top 10 • 25%
Top 5 • 25%
Top 3 • 25%
No • 50%
Yes • 50%
Both Perform Equally • 25%
Cable TV Outperforms Streaming • 25%
Streaming Outperforms Cable TV • 25%
Other Outcome • 25%
Global Linear Networks • 33%
Streaming & Studios • 33%
Other • 34%
Global Linear Networks • 25%
Other • 25%
Streaming • 25%
Studios • 25%
Neither shows growth • 25%
Global Linear Networks • 25%
Streaming and Studios • 25%
Both equally • 25%