Warner Bros. Discovery To Split CNN, TNT
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Trump’s hostility toward the press threatens to complicate dealmaking for those who own news operations, as Paramount has discovered with “60 Minutes”
Warner Bros. Discovery is splitting up after just over three years, and Wall Street is cheering. The spinoff will create a slew of new questions.
‘We will continue to be very focused on efficiency,’ says Gunnar Wiedenfels, the new CEO.
Warner Bros. Discovery doesn’t have a name for its planned stand-alone TV-centric biz, but it does have a proposed CEO: Gunnar Wiedenfels, WBD’s iron-fisted money manager. As CFO at Warner Bros. Discovery,
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Axios on MSNCNN parent splitting into two companiesDiscovery, the parent company to cable channels such as CNN, TBS and TNT and the streaming service HBO Max, announced Monday that it plans split into two publicly traded companies, parting its television networks from its streaming business.
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Wrestling Inc. on MSNWBD Split Likely To Have Little To No Fallout For AEWWBD, AEW's broadcaster, recently announced that the company would be split into two, and a recent report has revealed if it will have an impact on AEW.
Channing Dungey (and maybe Brett Paul) will stay with Studios & Streaming post-WBD split. Few execs with dual responsibilities makes for clean break.
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Sportico on MSNWBD Split Will Leave Sports Rights With Cable NetworksWarner Bros. Discovery on Monday announced it is splitting its cable networks portfolio from its movie studio and streaming businesses, in a move that effectively unravels the 2022 merger of AT&T's WarnerMedia and Discovery Communications.
David Zaslav insisted that Discovery Communications together with what was then called WarnerMedia was more than the sum of its parts. They had a “formidable” lineup of global assets, he said. "When you put us together - Batman,