Warner Bros. Discovery's planned split will separate streaming/content from linear assets, hopefully unlocking value. Read ...

Warner Bros. Discovery (WBD), the corporate parent of CNN and one of the largest media conglomerates in the country, plans to split its business into two public companies as part of a larger ...

Warner Bros. Discovery will split into two public companies by next year, calving off cable operations from its streaming service as the number of people “cutting the cord” rises.

Warner Bros Discovery missed first-quarter revenue estimates and posted a larger-than-expected loss earlier in the day due to a sluggish box office performance and ongoing declines in cable. 3.

Warner Bros. Discovery plans to split into two companies, separating studios and streaming from cable TV networks, to enhance streaming content production and to better compete.

Warner Bros. Discovery is the latest media company to shed employees from its cable TV channels, with several dozen positions jettisoned Wednesday. The layoffs, confirmed by an executive not ...

A Warner Bros (Discovery) sign is being pictured at the TVN broadcaster headquarters in Warsaw, Poland, on August 6, 2024. Warner Bros Discovery is looking to offload smaller assets in a bid to ...

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 ...

A Warner Bros (Discovery) sign is being pictured at the TVN broadcaster headquarters in Warsaw, Poland, on August 6, 2024. Warner Bros Discovery is looking to offload smaller assets in a bid to ...

A Warner Bros (Discovery) sign is being pictured at the TVN broadcaster headquarters in Warsaw, Poland, on August 6, 2024. Warner Bros Discovery is looking to offload smaller assets in a bid to ...

A Warner Bros (Discovery) sign is being pictured at the TVN broadcaster headquarters in Warsaw, Poland, on August 6, 2024. Warner Bros Discovery is looking to offload smaller assets in a bid to ...

Warner Bros. Discovery shares are down 60 percent since AT&T’s WarnerMedia and Zaslav’s Discovery Inc. merged in April 2022. The stock fell nearly 3 percent Monday, closing at $9.53.