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CEO David Zaslav Says Warner Bros. Discovery Can Move Quickly If It Wants To Restructure

Warner Bros. Discovery CEO 0David Zaslav said a reorganization into two businesses, Linear Networks and Studio & Streaming, lets it move fast if it wants to split.

WBD announced a similar division but just internally and for financial reporting purposes that started with Q1 results posted earlier today. A big question and Wall Street concern is how WBD’s substantial debt would be apportioned between the two businesses in an actual split. It’s free to air, it’s sports, it’s global news, it’s differentiated cable brands, all of which can nourish and enhance our existing streaming business.

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