Warner Bros. Discovery plans to split into two companies by separating its studios and streaming from cable TV networks to better compete in the evolving media landscape.

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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 announced its plan to split into two publicly traded entities as it separates its streaming and cable operations. Warner Bros Discovery announced its plan to split into two ...

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 joins cable giant Comcast in separating out its traditional pay-TV networks from its broader media business. Comcast's NBCUniversal is currently in the process of spinning ...

The Newhouse family had been the largest shareholders of the media company, and will use the cash for estate planning and ...

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 posted disappointing first-quarter results despite growth in streaming. But the stock rose Thursday on renewed speculation that the company will spin off its slipping cable ...

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.