News

And the best-performing local original production, or LOP, for Warner Bros. Discovery's Max, soon-to-be-rebranded as HBO Max, globally is… drum roll, please… Turkish satire series The Prince (Prens).
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 dividing its assets into two separate publicly traded companies, the media conglomerate announced Monday. The move will put the company’s iconic movie studio ...
Warner Bros. Discovery announced the media giant will divide into two new publicly traded companies, with one consisting of its cable networks such as CNN and TNT Sports and the second consisting ...
Warner Bros. Discovery will split into two public companies by next year, carving off cable operations from its streaming service.. Warner Bros. Discovery said Monday that Streaming & Studios will ...
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 ...
Warner Bros. Discovery's beleaguered shares surged briefly on Monday's news. But throughout the day, gains were erased and Warner Bros. Discovery's stock traded down 3% to about $9.50 a share.
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 effort… ...
Warner Bros. Discovery will divide into two companies by next year, ending the media conglomerate’s quest to create an all-in-one TV, film and streaming behemoth that could overtake Netflix and ...
Warner Bros. Discovery is not the only media company resorting to separation. Comcast is in the process of off-loading much of NBCUniversal’s cable portfolio into a separate, publicly traded ...
Warner Bros. Discovery said in a news release that it was taking out a $17.5 billion short-term loan ahead of the split to buy back some debt from bondholders.