Warner Bros. Discovery said it will separate its media businesses into two new companies, with cable in one and streaming and ...

WarnerBros. Discovery (WBD), the corporate parent of CNN and one of the largest media conglomerates in the country, plans to split its business into two separate and public companies as part of a ...

NEW YORK —Warner Bros. Discovery today unveiled its plans to separate the company into two publicly traded companies—one ...

Warner Bros Discovery said it would split into two publicly traded companies, separating its studios and streaming business ...

At the end of March, Warner Bros. Discovery had gross debt of $38.0 billion, which is comprised of “total debt” ($37.4 ...

WBD CEO David Zaslav will become president and CEO of Streaming & Studios, with CFO Gunnar Wiedenfels in charge of Global ...

Warner Bros. Discovery has announced plans to split itself into two companies, separating its streaming and studios divisions ...

The announced split, which will take place next year, is yet another major media upheaval amid the ongoing cord-cutting that ...

Warner Bros. Discovery, the parent company to cable channels such as CNN, TBS and TNT, announced Monday that it plans split ...

The company will split into two separate public companies by the middle of next year. One company, Streaming & Studios, will ...

Warner Bros. Discovery (NASDAQ: WBD) has announced its plan to divide into two separate public entities by next year. The stock surged 8.76% in Monday pre-market.

Zaslav stated that this split will enable the company to work with a sharper focus and provide the strategic flexibility it ...