Here is an article about it I wonder if this means the linear assets become a new company like Spinco or if they hold onto ownership?
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WBD to separate linear/streaming
- Thread starter tall_guy1
- Start date
Here are a couple more articles on the subject. Apparently the Warner stock has responded positively to the announcement:
www.investopedia.com
www.theverge.com
The Reuters article says this sets the stage for a sale or spinoff. This follows the announcement by Comcast that its spinning off its cable channels. Paramount has yet to make an announcement.
Warner Bros. Discovery Stock Jumps on Plan to Split TV Business From Streaming Studios
Warner Bros. Discovery 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 restructures to split up streaming and cable businesses
The move could help silo Max from linear TV’s struggles.
www.theverge.com
The Reuters article says this sets the stage for a sale or spinoff. This follows the announcement by Comcast that its spinning off its cable channels. Paramount has yet to make an announcement.
I thought they already were separate the linear and streaming in WBD...I think Kathleen Finch runs them and Casey Bloys the streaming/HBO. Does it mean WBD won't own them anymore like Comcast?Here are a couple more articles on the subject. Apparently the Warner stock has responded positively to the announcement:
Warner Bros. Discovery Stock Jumps on Plan to Split TV Business From Streaming Studios
Warner Bros. Discovery 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 restructures to split up streaming and cable businesses
The move could help silo Max from linear TV’s struggles.
The Reuters article says this sets the stage for a sale or spinoff. This follows the announcement by Comcast that its spinning off its cable channels. Paramount has yet to make an announcement.
Comcast hasn't actually spun off cable yet. Just announced that they will. This announcement is preliminary.
https://www.marketwatch.com/story/w...-upon-its-restructuring-announcement-74c6fd14 This article makes sense. But I wonder if they will spin them off?
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