His comments and the restructuring of the business come as WBD's linear division saw profit decline 13% to $1.92 billion and revenue tumble 5% to $4.77 billion in the fourth quarter of 2024 ...

Warner Bros. Discovery is creating a new corporate structure, slimming down from three divisions to two and establishing a clear separation between linear networks and the streaming and studios ...

UPDATED with stock movement, additional details. Warner Bros. Discovery is creating a new corporate structure, slimming down from three divisions to two and establishing a clear separation between ...