On December 13th, Warner Bros. Exploration announced that the company will restructure into two operating divisions, one focused on traditional cable television business and the other focused on streaming and studios, which could pave the way for future transactions for the company. Warner Bros. Exploration announced that it will merge its current Max and Discovery+streaming services, as well as the HBO division, with another division that includes Warner Bros. 'film and television production business. (Wall Street Journal)