Warner Bros. Discovery said ... that was the result of Discovery’s mergers with Scripps and WarnerMedia. Warner’s streaming business is at the center of its growth strategy.

Media conglomerate Warner Bros. Discovery (WBD) announced a major restructuring of its business Thursday, splitting its linear and streaming arms into two companies as it eyes potential mergers ...

CEO Mark Thompson told staff the moves aimed to better serve audiences and "secure CNN's future as one of the world's ...

The company said it expects the new corporate structure will “enhance clarity and focus, with each division positioned to deliver on its specific strategic and operational objectives.” ...

Netflix was the breakaway winner among media stocks in 2024, with its shares nearly doubling in price over the course of the ...