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yesterday

Warner Bros. Discovery Unveils Names and CEOs for Two Spin-Off Companies

The leadership appointments signal Warner Bros. Discovery’s intent to sharpen strategic focus ahead of a mid-2026 spin-off separating its streaming studios company from its global networks business.

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Overview

  • The Warner Bros. unit will consolidate streaming and studio operations, including Warner Bros. Television, DC Studios, HBO, HBO Max, gaming studios and the company’s film and TV libraries.
  • Discovery Global will oversee the global networks segment, encompassing CNN, TNT Sports in the U.S., free-to-air European channels as well as digital brands like Discovery+ and Bleacher Report.
  • David Zaslav will serve as president and CEO of Warner Bros. while Gunnar Wiedenfels will assume the same roles at Discovery Global.
  • Both companies have begun searches for key senior roles, with Warner Bros. recruiting a chief financial officer and head of human resources and Discovery Global hiring a chief communications and public affairs officer.
  • The separation is expected to complete by mid-2026 and is designed to improve agility as consumer viewing habits shift from traditional cable to streaming.