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.

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

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 ...

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 ...