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 intends for the corporate breakup to take effect by mid-2026. Monday’s announcement is Warner Bros. Discovery’s answer to investor pressure and intensive industry-wide ...

New York City-based Warner Bros. did not immediately respond to a request for comment. Shares of the company were up 10.7% in early trading. The company has a market value of $24.3 billion.

Warner Bros. Discovery's TNT Sports will stop making content for NBA TV, ending an nearly two-decade-old TV alliance ...

The new business, AOL Time Warner, joins the nation’s largest online firm — with 26 million subscribers — to the nation’s biggest media and entertainment company, creating a multimedia ...

Warner Bros. Discovery Revises CEO David Zaslav Employment Agreement to ‘Significantly Reduce’ His Annual Pay After Company Split Exec received a one-time award of 20.9 million stock options ...

Most of Warner Bros. Discovery’s $37 billion debt load will go to the spun off TV networks company.

In 2009, Time Warner spun off AOL. On June 23, 2015, AOL was acquired by Verizon Communications ( VZ ) for $4.4B. Later, in 2021, Verizon sold both AOL and Yahoo to private equity firm Apollo ...

The streaming business will include Warner Bros. Television, DC Studios and HBO, as well as the company’s film and TV libraries. In its release, Warner Bros. Discovery said the split would allow ...

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 ...