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.

Warner Bros. Discovery announced Monday that it will split into two companies by separating its studios and streaming business from its cable TV networks. The parent company of HBO and CNN is ...

Warner Bros. Discovery said it is restructuring into two operating divisions, one focused on the legacy cable TV business and the other on streaming and studios, a move that could set the company ...

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 WBD1.35%increase; green up pointing triangle said it is restructuring into two operating divisions, one focused on the legacy cable TV business and the other on streaming ...

Warner Bros. Discovery, CNN’s corporate parent, announced Thursday it is establishing a new corporate structure that splits its cable networks off from its growing streaming business.

Bondholders backed a debt restructuring that includes a buyback of nearly $18 billion of the $37 billion they hold, despite recent downgrades of Warner Bros Discovery’s bonds to junk status by ...

While Warner Bros. Discovery's streaming business has performed well, Adam Crisafulli of investment advisory firm Vital Knowledge said in a note to clients that its studio business is struggling.

Warner Bros. Discovery on Monday announced plans to split into two separate companies, sending its shares higher in morning trading. One company will be made up of the company's studios and HBO ...

Warner Bros. Discovery CEO David Zaslav announced the split. WBD also on Monday launched tender offers to restructure its existing debt, which is funded by a $17.5 billion bridge facility provided ...

Warner Bros. Discovery announced Monday that it will split into two companies by separating its studios and streaming business from its cable TV networks. The parent company of HBO and CNN is ...