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Warner Bros. Discovery is not alone. Comcast Corp.’s RIO-N -1.16% NBCUniversal is spinning out its cable networks, including ...
"These spinoff companies won't have the assets from a streaming perspective that we will have. I think that gives us an ...
Shares of Warner Bros. Discovery (WBD) closed down 3% after initially shooting up 12% in morning trading on the news, which undoes a lot of the 2022 merger that brought the companies together in the ...
NEW YORK (AP) — Warner Bros. Discovery will split into two public companies by next year, calving off cable operations from ...
Warner Bros. Discovery will split into two separate companies as legacy media grapples with mounting debt, shifting audiences, and industry-wide disruption.
The split comes three years after Warner Bros. and Discovery merged in a bid to capture more of the highly competitive ...
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 ...
The move will put the company's iconic movie studio, prestige TV operation, HBO and HBO Max and DC Studios into a single ...
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.
Warner Bros. Discovery is the latest media company ... HGTV and Food Network, similar to what Comcast is doing with its NBCUniversal cable outlets (with the exception of Bravo).
(CNN) — Warner Bros. Discovery shareholders voted on Tuesday to reject the pay packages for several of the company’s executives, including CEO David Zaslav’s compensation package of more ...
Dia Dipasupil / Getty Images Warner Bros. Discovery shareholders voted against the 2024 compensation packages for CEO David Zaslav and his executive team. Zaslav received $51.9 million in 2024 ...