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Warner Bros. Discovery is shutting down cable networks HBO Family, ThrillerMax, MovieMax and OuterMax. The move, reported ...
Warner Bros Discovery announces a strategic split into two public companies, separating its streaming and studios from ...
Warner Bros Discovery (NASDAQ:WBD) will split into two publicly traded companies by mid-2026, separating its streaming and ...
Warner Bros Discovery will split into two companies as Streaming & Studios will separate from Global Networks.
Wall Street analysts are bullish the move could pave the way for M&A and bring the industry a step closer to rationalization ...
The move follows several other major television companies taking steps to spin off their declining cable channels from their streaming businesses. Last year, Comcast Corp. (CMCSA) announced that it ...
whose profits fell 15% to $1.8 billion and revenue tumbled 7% to $4.8 billion in its first quarter. That decline, which will only be exacerbated by WBD’s loss of the U.S. rights to the NBA ...
The new Streaming & Studios company will include DC Studios and HBO, while Global Networks will include CNN and TNT.
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 ...
Starz's separation from Lionsgate faces challenges due to brand limitations and subscriber losses. Click here to read an ...