Warner Bros. Discovery's cable networks, like many of its rivals, have lost viewers as consumers shifted to streaming services such as Netflix, causing its stock to slump more than 60% since the ...

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 ...

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.

The cuts come as Warner Bros. Discovery is said to be pondering a possible spinoff of its declining cable TV assets, which include its Turner channels, Discovery Networks, HGTV and Food Network ...

For the first quarter of 2025, revenue in Warner Bros. Discovery’s global linear TV networks business fell 7%, to $4.7 billion. Ad revenue fell 12%, while distribution revenue was off by 9%.

Warner Bros. Discovery's split will put CNN under new leadership, with forecasts of staff cuts and salary reductions as the network battles historic low ratings.

Warner Bros Discovery will not be selling its Polish network TVN. Following a strategic review, WBD management has decided to keep the broadcaster in its ranks, according to a note sent today to ...

Warner Bros. Discovery would not be the first media conglomerate to opt for a split. In the coming months, Comcast will make its spinoff official when it launches Versant, a new company that will ...