NEW YORK, NY / ACCESSWIRE / December 12, 2024 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
Warner Bros. Discovery said Thursday that it is restructuring into two operating divisions — with one focusing on its struggling legacy cable TV business and the other on streaming and studios — in a rejigger that could set it up for “strategic opportunities” down the road.
Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A)'s stock soared over 16% on Thursday after the company unveiled a new corporate structure aimed at enhancing strategic flexibility and unlocking shareholder value. The restructuring divides the company into two distinct divisions: Global Linear Networks, focusing on profitability and cash flow to reduce debt, and Streaming and Studios, targeting growth and robust returns on invested capital.
Warner Bros. Discovery (WBD) became the latest media giant hit by the rise of cord-cutting and streaming to announce a restructuring, with plans to split its TV business from its streaming and film studios.
Warner Bros. Discovery on Thursday announced a restructuring plan to segment its business into linear and streaming units.
The entertainment company creates two distinct operating divisions.
NEW YORK, NY / ACCESSWIRE / December 12, 2024 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
Warner Bros Discovery said on Thursday it would implement a new corporate structure where it would serve as the parent for two distinct operating divisions — linear TV business and a unit comprising its studios and streaming platform.
NEW YORK, NY / ACCESSWIRE / December 11, 2024 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
NEW YORK, NY / ACCESSWIRE / December 11, 2024 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
LOS ANGELES, CA / ACCESSWIRE / December 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Warner Bros. Discovery, Inc. ("WBD" or "the Company") (NASDAQ:WBD) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
NEW YORK, NY / ACCESSWIRE / December 11, 2024 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.