Warner Bros. Discovery is establishing a new leadership team at its U.S. TV networks business, which will soon report to Channing Dungey. Dungey, who also runs WBD's TV studios group, will add oversight of the U.

Since the combination that created Warner Bros. Discovery, we have transformed our business and improved our financial position while providing world class entertainment to global audiences,” WBD president and CEO David Zaslav said in a statement (via THR).

Warner Bros. Discovery's management has built a solid structure post-acquisition. Now the growth strategy can be implemented with a better chance of success. Read more here.