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Warner Bros. Discovery is to split into two, separating streaming and studios from its cable channels. The company has been burdened by debt and the decline of cable TV.

It's a treasured legacy we will proudly continue in this next chapter of our celebrated history," Zaslav said in announcing the split. "By operating as two distinct and optimized companies in the ...

Warner Bros. Discovery chief David Zaslav, shown at a New York Times event in 2023, announced on Monday that the company would be split, with its streaming and Hollywood studios on one side, and ...

Here's a breakdown of what Warner Bros. Discovery's two entities would look like following the split, expected to be completed by mid-2026. Plus Icon Film Plus Icon TV ...

NEW YORK (AP) — Warner Bros. Discovery will split into two public companies by next year, calving off cable operations from its streaming service as the number of people “cutting the cord” brings with ...