The move will put the company’s iconic movie studio, prestige TV operation, HBO and HBO Max and DC Studios into a single entity known as Streaming & Studios.

Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming ...

Warner Bros. Discovery will divide into two companies by next year, ending the media conglomerate’s quest to create an all-in-one TV, film and streaming behemoth that could overtake Netflix and ...

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.

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

NEW YORK (AP) — Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people “cutting the cord” brings with it a ...

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 said it expected the transaction to be completed by the middle of next year. Shares of the company initially jumped on news of the separation, but closed down nearly 3 percent.

Warner Bros. Discovery's cable networks, like many of its rivals, have lost viewers as consumers shifted to streaming services such as Netflix, causing its stock to slump more than 60% since the ...

A Warner Bros (Discovery) sign is being pictured at the TVN broadcaster headquarters in Warsaw, Poland, on August 6, 2024. Warner Bros Discovery is looking to offload smaller assets in a bid to ...