UPDATED with stock movement, additional details.Warner Bros.
The two new operating units will be called Global Linear Networks and Streaming & Studios.
HBO, even though it still has a linear presence, will be housed in Streaming & Studios.
Warner Bros DiscoveryKevin Dietsch/Getty Images
Max, HBO and Warner Bros., meanwhile, have had more positive news of late.
WBD and Comcast-NBCU have previously held discussions about some form of streaming collaboration, though no agreement has materialized.
Plans call for the new structure to be in place by mid-2025.
The board of WBD has seen a few comings and goings in recent months.
Two directorsresigned last April, citing federal rules against serving on boards of companies with competing interests.
