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Warner Bros. Discovery will break into two separate publicly traded companies, one focused on streaming and films, the other attempting to keep the cable business alive.
Warner Bros Discovery bondholders overwhelmingly approved a plan to split the corporation and put in place a new capital structure related to the deal, the company said on Monday.
Warner Bros. Discovery said creditors have lent their support to a debt deal that allows the company to separate into two public businesses. The entertainment company said Monday that by the end ...
Warner Bros. Bondholders to Face Limits on Cooperation Pacts in Company’s Split The entertainment company is expected to become one of the first borrowers to restrict creditors from forming ...
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 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 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 said it will separate its media businesses into two new companies, with cable in one and streaming and studios in the second.
Warner Bros. Discovery, which also owns CNN, Food Network, DC Studios and Warner Bros. Gaming, is splitting up into two separate public companies.
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 will split into a Streaming & Studios business with HBO and DC Studios, while Global Networks will include CNN and Discovery.
Warner Bros Discovery announced its plan to split into two publicly traded entities as it separates its streaming and cable operations.