Warner Brothers Discovery President and CEO David Jaslav, Beverly Hills, California, US, May 7, 2025 attend the Milken Institute Global Conference 2025.
Mike Blake | Roots
Warner Brothers Discovery On Monday, the corporate names and leadership teams of their two future businesses announced as the company prepares to divide in mid -2012.
Its streaming and studio division will be called “Warner Brothers”. And its global network segment will be named “Discovery Global”.
Warner Brothers will give home to their film qualities including DC Studio and its streaming service HBO Max. Meanwhile, Discovery Global will include its entertainment, sports and news networks, including TNT Sports, Discovery, Discovery+ Streaming Service and Bleaker reports in CNN, US.
“In the last several years, we have made significant progress throughout the business, launched and invested in a profitable, global streaming service, and invested in a statement,” WBD President and CEO David Jaslav said in a statement, and re -strengthened our studios to return to the leading position of an industry. “
Company Announced The previous month’s division as WBD tries to navigate an industry-wide change in consumers’ viewing habits from traditional cables to streaming. Spinoff will build two public trading businesses, the following Uniform trick By Comcast To divide your cable assets including CNBC in the coming months.
The new names declared by Warner Brothers Discovery are a callback for two institutions that were present before the company’s merger: Warnermadia and Discovery, Inc. Which was completed in 2022.
WBD also announced its top officials for both divisions, including 13 leaders for Warner Brothers and 16 in Discovery Global. Zaslav will lead the Warner Brothers, while the current Warner Brothers Discovery CFO Gunar will become the CEO of Widenfels Discovery Global.
“With our untouchable creative partners together with our unmatched portfolio of storytelling, and now an executive team of proven, bold, and creative and corporate leaders, we are in a strong position to launch and continue to develop meaningfully the company of our stored past,” Jaslaw said.
Disclosure: Comcast is the original company of NBCUNIVERSAL CNBC.
