Warner Bros. Discovery Breakup Cues Hollywood's Latest Succession Drama As Two New Companies Take Shape
Monday’s news that Warner Bros. Discovery is splitting into two companies – one consisting of studios and streaming, the other linear TV networks – has cued up Hollywood’s latest succession drama. David Zaslav, having steered WBD as CEO since the 2022 close of the $43 billion merger of Discovery (which he formerly ran) and WarnerMedia, is slated to be CEO of the “S&S” (studios and streamers) entity. Gunnar Wiedenfels, Warner Discovery’s CFO, who held the same post at Discovery and has a pure finance backgr ...