While Warner Bros. Discovery noted the split is tax-free, Wiedenfels emphasized on Monday's call that transactions could begin as soon as the separation occurs, which is expected by mid-2026.

The move, which takes effect on Oct. 1, comes after the league struck new media rights deals with NBCUniversal, Disney and Amazon last year The post Warner Bros. Discovery’s TNT Sports to Stop ...

Warner Bros. Discovery’s partnership with NBA TV is coming to an end as TNT Sports will no longer produce content for the basketball league’s cable network, an individual familiar with the ...

Warner Bros. Discovery has appointed Sasha Breslau and Alessandro Volpato to lead content acquisitions for HBO Max in the UK ...

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.

The division raises the question of where live sports right held by TNT will land without Warner Bros. Discovery's streaming portfolio. By Alex Sherman, CNBC • Published June 9, 2025 • Updated ...

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.

The division raises the question of where live sports right held by TNT will land without Warner Bros. Discovery's streaming portfolio. By Alex Sherman, CNBC • Published June 9, 2025 • Updated ...