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News

Warner Bros. Discovery to Split Into 2 Companies

MarketWatch on MSN · 3h
Warner Bros. Discovery’s rapid split shows how much the cable TV business is struggling
Just three years after the iconic Warner Bros. film studio and television business was acquired for $43 billion by Discovery, the two companies are being split in two again. On one side will reside Warner Bros.
Marketplace · 7h
Warner Bros. Discovery is the latest media company to announce it's splitting into smaller companies
The media giant is breaking up into two publicly-traded companies — one it's calling “streaming and studios,” which will include HBO Max, DC Studios, and the Warner Brothers movie empire. The other is called “global networks,” and it’ll house CNN, TNT Sports, Discovery — its cable brands, basically.
BBC on MSN · 2h
HBO and CNN owner Warner Bros Discovery to split in two
The owner of CNN and HBO Max, Warner Bros Discovery, says it will split into two companies by the middle of next year. The US media giant plans to separate its studio and streaming business away from its more traditional cable television networks.
7hon MSN
Warner Discovery Splits Cable From Marquee Streaming, Studio Businesses
The entertainment company is contending with a hefty debt load and a sagging stock price.
4h
Warner Bros. Discovery to Split Into Two Companies
The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and ...

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