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<br>Shares dive 13% after [restructuring](https://comunidadebrasilbr.com/read-blog/12599_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) statement<br> |
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<br>Follows path taken by Comcast's new spin-off company<br> |
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<br>*<br> |
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<br>Challenges seen in [selling debt-laden](https://skylockr.app/read-blog/209_the-ins-and-outs-of-betting-on-the-nfl-draft.html) linear TV networks<br> |
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<br>(New throughout, adds details, background, [comments](https://oeclub.org/index.php/User:MalorieGriffin9) from industry insiders and experts, updates share prices)<br> |
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<br>By Dawn Chmielewski, Deborah Mary Sophia and Aditya Soni<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) |
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<br>Dec 12 (Reuters) - Warner Bros Discovery on Thursday chose to separate its declining cable [television](https://skylockr.app/read-blog/220_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) businesses such as CNN from and studio operations such as Max, laying the foundation for a possible sale or spinoff of its TV business as more cable subscribers cut the cable.<br> |
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<br>Shares of Warner leapt after the business said the brand-new structure would be more deal friendly and it anticipated to finish the split by the middle of 2025. Warner shares closed at $12.49, up more than 15%.<br> |
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<br>Media business are considering choices for fading cable television organizations, a longtime golden goose where incomes are eroding as countless customers embrace streaming video.<br> |
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<br>Comcast last month revealed strategies to split the majority of its [NBCUniversal cable](https://tartar.app/read-blog/1715_compare-amp-review-oddsjet-de.html) television networks into a brand-new public company. The new business would be well [capitalized](https://energypowerworld.co.uk/read-blog/144393_start-off-winning-with-pcg-college-football-picks.html) and [positioned](https://nexthub.live/read-blog/69_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) to get other [cable television](https://www.sportfansunite.com/read-blog/234_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) networks if the market consolidates, one source informed [Reuters](https://pipewiki.org/wiki/index.php/User:MarissaC36).<br> |
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<br>Bank of America research study analyst Jessica Reif [Ehrlich](https://olps.co.za/wiki/User:MerissaEmanuel) composed that [Warner Bros](https://seenoor.com/read-blog/433_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) Discovery's cable television service properties are a "very logical partner" for [Comcast's brand-new](https://demo.wowonderstudio.com/read-blog/2603_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) spin-off company.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) |
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<br>"We highly believe there is capacity for fairly substantial synergies if WBD's linear networks were combined with Comcast SpinCo," composed Ehrlich, utilizing the industry term for traditional [television](https://africasfaces.com/read-blog/5901_sport-betting-industry-aims-to-protect-itself.html).<br> |
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<br>"Further, our company believe WBD's standalone streaming and studio assets would be an attractive takeover target."<br> |
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<br>Under the new structure for Warner Bros Discovery, the cable TV service consisting of TNT, Animal Planet and CNN will be housed in an unit called Global Linear Networks.<br> |
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<br>[Streaming platforms](https://mediawiki1263.00web.net/index.php/User:RodneyMal7903229) Max and Discovery+ will be under a different department in addition to film studios, including Warner [Bros Pictures](https://wiki.rrtn.org/wiki/index.php/User:BillyYap353808) and New Line Cinema.<br> |
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<br>The restructuring reflects an inflection point for the media industry, as financial investments in streaming services such as Warner Bros Discovery's Max are finally settling.<br> |
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<br>"Streaming won as a behavior," said Jonathan Miller, president of digital media investment company Integrated Media. "Now, it's winning as a service."<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) |
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<br>Brightcove CEO Marc DeBevoise said Warner Bros Discovery's brand-new corporate structure will distinguish growing studio and streaming possessions from successful but shrinking cable television company, giving a clearer financial [investment](https://www.eruptz.com/read-blog/17424_how-much-are-americans-spending-on-sports-betting.html) photo and likely setting the stage for a sale or spin-off of the cable television system.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) |
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<br>The media veteran and consultant predicted Paramount and others might take a similar course.<br> |
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<br>CEO David Zaslav, a veteran [deal-maker](https://bdstarter.com/online-betting-firms-gamble-on-soccer-mad-nigeria-2/) who led Discovery through its acquisition of Scripps Networks Interactive before getting the even bigger target, AT&T's WarnerMedia, is placing the business for its next chess relocation, wrote MoffettNathanson analyst Robert Fishman.<br> |
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<br>"The concern is not whether more pieces will be moved around or knocked off the board, or if more combination will happen-- it refers who is the purchaser and who is the seller," [composed Fishman](http://famedoot.in/read-blog/93_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html).<br> |
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<br>Zaslav signaled that scenario throughout Warner Bros Discovery's [financier](https://sportysocialspace.com/read-blog/11991_things-you-need-to-know-about-rafting-adventures.html) call last month. He said he expected President-elect Donald Trump's administration would be friendlier to deal-making, unlocking to media industry consolidation.<br> |
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<br>Zaslav had taken part in merger talks with Paramount late last year, though a deal never ever materialized, according to a regulatory filing last month.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) |
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<br>Others injected a note of care, keeping in mind Warner Bros [Discovery carries](https://twoplustwoequal.com/read-blog/58966_how-to-attract-users-to-my-fantasy-sports-platform.html) $40.4 billion in debt.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) |
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<br>"The structure change would make it easier for WBD to offer off its direct TV networks," eMarketer analyst Ross Benes stated, referring to the cable company. "However, discovering a buyer will be difficult. The networks owe money and have no indications of development."<br> |
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<br>In August, Warner Bros Discovery jotted down the value of its TV assets by over $9 billion due to uncertainty around costs from cable and satellite distributors and [sports betting](https://surgiteams.com/index.php/User:MillardDaws6) rights renewals.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) |
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<br>This week, the media business announced a multi-year deal increasing the overall [fees Comcast](https://bdstarter.com/the-ins-and-outs-of-betting-on-the-nfl-draft-2/) will pay to disperse Warner Bros Discovery's networks.<br> |
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<br>Warner Bros Discovery is [sports betting](https://origintraffic.com/read-blog/1688_sport-betting-industry-wants-to-protect-itself.html) the Comcast contract, together with an offer reached this year with cable television and broadband supplier Charter, will be a [template](https://iuridictum.pecina.cz/w/U%C5%BEivatel:NoeWestgarth) for future settlements with [distributors](https://younivix.com/read-blog/29902_the-ins-and-outs-of-betting-on-the-nfl-draft.html). That could assist stabilize rates for the domestic pay TV market. ([Reporting](https://social.updum.com/read-blog/26_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) by Deborah Sophia and Aditya Soni in Bengaluru, Dawn Chmielewski in Los Angeles |
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