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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 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 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 ...
The cable company will own a minority stake in the streaming business. Warner Bros. Discovery said in a news release that it was taking out a $17.5 billion short-term loan ahead of the split to ...
Warner Bros. Discovery CEO 0David Zaslav said a reorganization into two businesses, Linear Networks and Studio & Streaming, lets it move fast if it wants to split.
Warner Bros. Discovery will split its business into two publicly traded companies, with one focused on its streaming and studios business and the other on its television network businesses ...
Warner Bros. Discovery owns them now — but wants to get rid of them. WBD's move follows a similar one Comcast announced a few months ago. Because while cable TV networks still make money, they ...
Warner Bros. Discovery posted disappointing first-quarter results despite growth in streaming. But the stock rose Thursday on renewed speculation that the company will spin off its slipping cable ...
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 will split into two companies by next year, with much of its streaming and movie production moving under one company and its live sports and news to another, according to ...
Warner Bros. Discovery, grappling with declines in its overall business, said Monday it planned to divide the company into two publicly-traded entities, one devoted to streaming and content ...