Dutch Bros(BROS) Prnewswire·2024-12-12 13:30Core Viewpoint - Warner Bros. Discovery is implementing a new corporate structure to enhance strategic flexibility and unlock additional shareholder value [1][3][4] Group 1: New Corporate Structure - The new structure will consist of two distinct divisions: Global Linear Networks and Streaming & Studios [2][3] - Global Linear Networks will focus on maximizing profitability and free cash flow, while Streaming & Studios will drive growth and returns on invested capital [3][4] Group 2: Strategic Objectives - The new corporate structure aims to enhance clarity and focus for each division, allowing them to pursue specific strategic and operational objectives [3] - The company expects to complete the implementation of the new structure by mid-2025 [4] Group 3: Leadership and Advisory - Warner Bros. Discovery is evolving its Board to support the execution of its strategy and drive future shareholder value [5] - J.P. Morgan, Evercore, and Guggenheim Securities are serving as financial advisors, while Kirkland & Ellis and Wachtell Lipton are providing legal counsel [5]