Warner Bros. Discovery shelp it would, going forward, “serve as the parent company for two contrastent operating divisions,” one that hbetters liproximate TV nettoils, and another cgo ined around production studios and streaming platestablishs, in a bid to “raise its strategic flexibility and originate potential opportunities to unlock compriseitional dispensehbetterer cherish.”
The maneuver was unveiled fair days after Comcast shelp it computed to spin off the bulk of its NBCUniversal cable nettoils into a accessiblely traded company, and wil no mistrust fuel speculation about the potential for deal making between the two companies.
More to come