In a tectonic shift reflecting the escalating prevalence of cord-cutting, Warner Bros. Discovery is poised to effectuate a bifurcation of its operational matrix, decoupling its legacy cable assets from its burgeoning streaming platform, thereby engendering two discrete, self-governing entities; the Streaming & Studios division, consolidating the intellectual property powerhouses of HBO, HBO Max, Warner Bros. Television, Warner Bros. Motion Picture Group, and DC Studios, will be helmed by CEO David Zaslav, whilst CFO Gunnar Wiedenfels will assume the mantle of CEO at Global Networks, the cable-centric entity encompassing CNN, TNT Sports (U.S.), Discovery, pan-European free-to-air channels, and digital adjuncts including Discovery+ and Bleacher Report, with the consummation of this strategic realignment, contingent upon final board ratification, slated for mid-next year, a response to the inexorable erosion of traditional cable's dominance under the centrifugal forces of streaming proliferation and alternative broadband architectures.