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Warner Bros. Discovery Restructures in Seeming Bid to Fuel Future Deals
Warner Bros. Discovery hopes a split will lead to a better chance of making it whole.
The company said Thursday that it would, going forward, “serve as the parent company for two distinct operating divisions,” one that holds linear TV networks, and another centered around production studios and streaming platforms, in a bid to “enhance its strategic flexibility and create potential opportunities to unlock additional shareholder value.”
Related Knowledge Center: State of the business model
State of Play
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.