Warner Bros. Discovery plans to split into two companies by separating its studios and streaming from cable TV networks to better compete in the evolving media landscape.

Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming service and Warner Bros. studio, and the other around CNN and other ...

Despite the concerns, Warner Bros Discovery reported that the majority of bondholders supported the proposal, with certain bond classes receiving approval rates as high as 99%.

Warner Bros Discovery announced its plan to split into two publicly traded entities as it separates its streaming and cable operations.

Late last year, David Zaslav -led entertainment Warner Bros. Discovery divided its business into two divisions to separate its troubled but still profitable cable channel business.

Warner Bros. Discovery is splitting into two separate companies — a dramatic shakeup that will create one division focused on streaming and Hollywood blockbusters and the other on cable TV and ...

Warner Bros. Discovery to Split Into Two: Streaming and Studios, Global Networks Gunnar Wiedenfels, CFO of Warner Bros. Discovery, will serve as president and CEO of the networks business.

Warner Bros. Discovery is splitting its cable networks and its streaming and studio business, which includes Warner Bros. Motion Picture Group, into two separate companies. Stella Kalinina for The ...

Warner Bros. Discovery will split into two companies by next year, with much of its streaming and movie production moving under one company and its live sports and news to another, according to ...

Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming.

Warner Bros. Discovery, grappling with declines in its overall business, said Monday it planned to divide the company into two publicly-traded entities, one devoted to streaming and content ...

WBD will split into two publicly traded companies. One will house HBO networks, streaming, film. The other will house cable networks like CNN, TNT, and some other products.