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Warner Bros. Discovery to split into two companies, dividing cable and streaming services
Warner Bros. Discovery said in December that it was implementing a restructuring plan in which Warner Bros. Discovery would become the parent company for two operating divisions, Global Linear Networks and Streaming & Studios. That was seen as a preview of the separation announced Monday.
Warner Bros. Discovery is the latest media company to announce it's splitting into smaller companies
The media giant is breaking up into two publicly-traded companies — one it's calling “streaming and studios,” which will include HBO Max, DC Studios, and the Warner Brothers movie empire. The other is called “global networks,” and it’ll house CNN, TNT Sports, Discovery — its cable brands, basically.
Warner Bros Discovery, home to HBO and CNN, said on Monday it would split into two companies, the latest twist in its decades ...
Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming ...
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