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 production ...

Gunnar Wiedenfels, CFO of Warner Bros. Discovery, will serve as president and CEO of the networks business. By Georg Szalai Global Business Editor Hollywood conglomerate Warner Bros. Discovery on ...

Warner Bros. Discovery on Monday unveiled the names of the proposed separate entities, post-breakup: Warner Bros. and Discovery Global. When the corporate spin-off is complete some time next year, the ...

Warner Bros. Discovery announced the media giant will divide into two new publicly traded companies, with one consisting of its cable networks such as CNN and TNT Sports and the second consisting of ...

Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming service and Warner Bros. studio, and the other around CNN and other ...

The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and studios business into another. By Benjamin Mullin and Lauren Hirsch Another ...