Market
Which division will report higher revenue growth for Warner Bros. Discovery in 2025?
2
Resolution / Starting Odds
Global Linear Networks • 33%
Streaming & Studios • 33%
Both divisions perform equally • 34%
Financial statements released by Warner Bros. Discovery
Story
Warner Bros. Discovery to Split Into Linear TV and Streaming Divisions by Mid-2025
Dec 12, 2024, 02:24 PM
Warner Bros. Discovery Inc. has announced a significant corporate restructuring, creating two distinct operating divisions: Global Linear Networks, which will house its cable networks like CNN, TBS, and TNT, and Streaming & Studios, encompassing its streaming platform Max and its film and entertainment studios. The restructuring aims to enhance strategic flexibility and unlock shareholder value by separating the declining linear TV business from the growing streaming and studio operations. The move is seen as a precursor to potential future deals or a spinoff of its traditional TV business, aligning with industry trends towards streaming as cord-cutting accelerates. The new structure is expected to be implemented by mid-2025, with shares of Warner Bros. Discovery surging more than 15% in premarket trading following the announcement.
View original story
Similar markets
Cable TV • 25%
Other • 25%
Studio • 25%
Streaming • 25%
Global Linear Networks • 25%
Neither shows growth • 25%
Both equally • 25%
Streaming and Studios • 25%
Streaming & Studios • 25%
Both equally • 25%
Global Linear Networks • 25%
Neither shows growth • 25%
Other • 34%
Global Linear Networks • 33%
Streaming & Studios • 33%
Other Outcome • 25%
Both Perform Equally • 25%
Streaming Outperforms Cable TV • 25%
Cable TV Outperforms Streaming • 25%
Both equally • 25%
Max • 25%
Neither shows growth • 25%
HBO • 25%
Streaming Platforms • 25%
Film Production • 25%
Television Production • 25%
Other • 25%
Studios • 25%
Other • 25%
Streaming • 25%
Global Linear Networks • 25%
Strengthening linear networks • 25%
Cost-cutting measures • 25%
Expanding streaming services • 25%
Mergers and acquisitions • 25%
Focus on Streaming Expansion • 25%
Other • 25%
Further Divestitures • 25%
Focus on Content Production • 25%
Outside Top 10 • 25%
Top 3 • 25%
Top 5 • 25%
Top 10 • 25%
Both report similar growth • 25%
Revenue declines in both • 25%
Streaming & Studios • 25%
Global Linear Networks • 25%