Tag: Gunnar Wiedenfels

Warner Bros. Discovery CFO Gunnar Wiedenfels confirmed the company is exploring a potential sale of its 20% stake in its planned network spinoff, signaling early buyer interest. The move aims to inject equity and reduce debt ahead of the split,…

Warner Bros. Discovery has finalized executive leadership and branding plans for its corporate split into Warner Bros. and Discovery Global, targeting completion by mid-2026. Warner Bros. will oversee streaming and studio operations like HBO and DC Studios, while Discovery Global…

Turner Classic Movies will operate under a unique co-management structure as Warner Bros. Discovery prepares to split. Creative control will remain with David Zaslav’s Studios and Streaming Group, while business operations shift to Gunnar Wiedenfels’ Global Networks spinoff. This setup…

Warner Bros. Discovery is significantly reducing CEO David Zaslav’s compensation package following shareholder backlash and a major corporate restructuring. His annual bonus opportunity drops from $22 million to $6 million, and his long-term equity incentives are restructured to align with…

Warner Bros. Discovery is splitting into two public companies by mid-2026, aiming to unlock greater value by separating its high-growth streaming and studio operations from its declining cable networks. CEO David Zaslav will lead WBD Streaming & Studios, housing HBO,…

Warner Bros. Discovery is splitting into two independent public companies. One will focus on streaming and studios, led by David Zaslav. The other will contain the company’s cable networks and will be led by CFO Gunnar Wiedenfels. Most of WBD’s…