WARNER BROS. DISCOVERY ANNOUNCES NEW CORPORATE STRUCTURE TO ENHANCE STRATEGIC FLEXIBILITY

Company to Comprise Two Industry-Leading Divisions – Global Linear Networks and Streaming & StudiosCreates Optionality to Pursue Further Value Creation Opportunities for Both DivisionsNEW YORK, Dec. 12, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that its Board of Directors has authorized the Company to implement a new corporate structure designed to enhance its strategic flexibility and create potential opportunities to unlock additional shareholder value ...