In a preemptive manoeuvre against the accelerating obsolescence of traditional cable driven by pervasive "cord-cutting," Warner Bros. Discovery is orchestrating a bifurcated restructuring, cleaving its legacy cable assets from its burgeoning streaming division into two discrete, autonomous entities; the Streaming & Studios company, a synergistic amalgamation of HBO, HBO Max, Warner Bros. Television, Warner Bros. Motion Picture Group, and DC Studios, will be spearheaded by CEO David Zaslav, while CFO Gunnar Wiedenfels assumes the mantle of CEO at Global Networks, the cable-centric entity encompassing CNN, TNT Sports (U.S.), Discovery, key European free-to-air channels, and digital adjuncts like Discovery+ and Bleacher Report, with the schism slated for completion by mid-next year, contingent upon final ratification by the board, as the corporation navigates the increasingly turbulent waters of a media landscape redefined by streaming dominance and the proliferation of alternative internet access paradigms.