Warner Bros. Discovery is focusing on “relaunching and building” the business over the next 12 months, following a brutal 2022 that saw execs and shows slashed in number.
WBD has been seeking “synergy” savings of around $3.5bn over the three years since Discovery and WarnerMedia merged in April, resulting in thousands of staff exits and content write-offs.
Source: Warner Bros. Discovery eyes ‘new chapter’ balancing DTC streaming & third party sales – TBI Vision