The latest trend among the lumbering media and entertainment giants is to embark on grand organizational restructures, splitting themselves into two distinct entities. These moves are often hailed as innovative efforts to “unlock additional shareholder value,” but we all know they are more about survival. After all, if you can’t let your kids go, how will they grow? Hot on the heels of Comcast’s NBCU split, Warner Bros Discovery (WBD) has announced its own version of this corporate ritual. WBD will separate into two primary operating divisions – Global Linear Networks, and Streaming & Studios, with plans to implement the new structure by mid-2025. This reshuffle will see the company isolating its legacy cable TV channels—like TNT, TBS, and Discovery…