I don’t follow it closely, but from casual reading I gather that Discovery is cleaning house. That’s a start. But my layman’s suspicion is that the real bunglers weren’t at WarnerMedia; they were at AT&T, which bought some creative companies in a business they didn’t understand and with movie and tv studios they had no idea how to manage. Because streaming, or something. AT&T thought it had to get in on the next big thing and forgot that understanding your business is still important.
That was ATT in a nutshell!
Lots of money to burn with no viable market plan nor way to dynamically adjust/pivot to changing consumption. The mentality of “If we offer it, they will buy...” still pervades.