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.

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

Warner Bros. Discovery is separating its linear television business from its streaming business and film studios. It follows a similar move by Comcast, which announced in November it would spin ...

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

Amid a decline in viewership and advertising dollars in traditional television, Warner Bros. Discovery ... the first media giant to separate its streaming business from its financially challenged ...

(The Hill) — Media conglomerate Warner Bros. Discovery (WBD) announced a major restructuring of its business on Thursday, splitting its linear and streaming arms into two separate companies as ...

The tech exec’s exit could open the way for a high-profile addition to the studio’s board of directors in 2025 amid plans to possibly spin off its legacy TV assets. By Etan Vlessing Canada ...

Warner Bros. Discovery said Anthony Noto, CEO of financial services company SoFi, and Joey Levin, who is stepping down as CEO of Barry Diller’s IAC, have been appointed to its board. Noto joined ...

Warner Bros. Discovery WBD15.43%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 ...