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Warner Bros. Discovery Reveals New Corporate Structure

The company has announced new names and leadership for its upcoming split into two entities.

July 28, 2025 at 04:23 PM

Warner Bros. Discovery Announces Post-Separation Company Names, Executive Leadership

Warner Bros. Discovery has announced new corporate names and leadership roles for its upcoming company split.

Warner Bros. Discovery Reveals Leadership for New Entities

Warner Bros. Discovery has disclosed the names and leadership teams for its upcoming separation into two distinct companies, set to be finalized by mid-2026. The first entity, Warner Bros., will focus on streaming and studio operations, housing brands like DC Studios and HBO Max. The second entity, Discovery Global, will encompass WBD's diverse TV networks and streaming platforms, including CNN and Discovery+. The separation aims to leverage their individual strengths in entertainment, news, and sports. David Zaslav will continue as president and CEO of Warner Bros., while Gunnar Wiedenfels will take the helm at Discovery Global, transitioning from his role as CFO. Notably, Zaslav’s new contract will lower his target annual salary, while Wiedenfels will see an increase in compensation due to his expanded responsibilities. Warner Bros. is actively searching for key executive positions while Discovery Global is also enhancing its leadership team to prepare for the split.

Key Takeaways

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Warner Bros. and Discovery Global will be distinct publicly traded entities by mid-2026.

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David Zaslav will remain CEO of the streaming-focused Warner Bros. entity.

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Gunnar Wiedenfels is appointed CEO of Discovery Global, previously serving as CFO.

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Zaslav's reduced compensation may impact perceptions of executive pay standards.

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Discovery Global will focus on TV networks, streaming services, and global media assets.

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Searches for additional executive roles are currently underway in both entities.

"We will proudly continue the more than century-long legacy of Warner Bros."

Zaslav emphasizes the importance of Warner Bros.' storied history as they transition into new operations.

"Our enthusiasm for the opportunities ahead only grows thanks to our leading portfolio."

Wiedenfels reflects on the potential for Discovery Global amidst strategic changes.

The corporate restructuring of Warner Bros. Discovery reflects a notable trend in the media industry, where companies seek clarity and focus in their operations. By creating distinct entities, Warner Bros. aims to honor its history while positioning itself for future growth in an increasingly competitive landscape. This split may also signal a strategic move to better allocate resources and talent tailored to each company's unique audience. However, with leadership changes and new pay structures, the company must navigate public perceptions and investor expectations carefully. Both Zaslav's reduced pay and Wiedenfels' promotion underscore the industry's challenges and opportunities within a rapidly evolving market.