Posted on 6/09/125 by Colin Vassallo
Warner Bros. Discovery announced today that it’s splitting
into two separate entities – Streaming & Studios and Global
Networks. Both will be publicly traded companies.
Global Networks will house AEW’s television homes of TNT and
TBS among other networks such as Discovery and Bleacher
Report. This will be headed by Gunnar Wiedenfels, the
current CFO of Warner Bros. Discovery, who will now serve as
President and CEO.
Streaming & Studios will carry the DC Studios, Warner Bros.,
Warner Bros. Television, and AEW’s streaming home, Max,
which will soon revert to HBO Max. This company will be
headed by an AEW supporter in David Zaslav, who currently is
the President and CEO of Warner Bros. Discovery and will now
serve as President and CEO.
The separation is expected to be completed by mid-2026,
subject to closing and other conditions, including final
approval by the Warner Bros. Discovery Board and other
entities.