Warner Bros. Discovery Separates TV Networks From Its Streaming And Studio Business
MSN reports: “Warner Bros. Discovery is separating its linear television business from its streaming business and film studios. It follows a similar move by Comcast, which announced in November it would spin off all of its NBCUniversal cable networks except Bravo into a stand-alone company. The new corporate structure will be complete by the middle of next year, WBD said. Unlike Comcast, WBD won’t spin its assets off into a separate company.”