Warner Bros. Discovery’s decision to split into two separate entities has set the stage for significant changes in Hollywood. One company will focus on studios and streaming services, while the other will concentrate on linear TV networks. David Zaslav is set to lead the studios and streamers entity, while Gunnar Wiedenfels, with a strong finance background, will head the global networks company. This breakup, expected to finalize by the second half of 2026, raises questions about leadership and potential mergers or acquisitions. Zaslav’s tenure has been marked by both strategic moves and controversial decisions, such as the cancellation of certain films. Meanwhile, Wiedenfels’ appointment suggests a focus on financial efficiency. The split aims to allow each company to grow independently and pursue deals without restrictions.
— new from Deadline
