Warner Bros. Discovery Is Splitting Into Two Companies: Unraveling much of the original $43 billion USD merger that created WBD three years ago.

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 is splitting into two separate companies, the media conglomerate announced on Monday.

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.

Would you like to own CNN, TNT, and the Discovery Channel? Warner Bros. Discovery owns them now — but wants to get rid of them.

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.

WarnerBros. Discovery plans to split its business into two separate companies to address financial issues and optimize operations.

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” brings with it a ...

Warner Bros. Discovery (NASDAQ: WBD) confirmed long-awaited speculation on Monday, as it said it will split into two companies — one focused on streaming and the other focused on its networks.

NEW YORK — Warner Bros. Discovery will split into two public companies by next year, calving off its cable operations from its streaming service.