HBO and CNN owner Warner Bros. Discovery to split in 2
Digest more
Top News
Overview
Event details
It comes as streaming services attract hundreds of millions of users around the world but cable TV has seen audiences decline.
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 television networks.
Remember the plan for HBO Max and Discovery to mix their content together into an all-new streaming called “Max”? Well, forget all that. Not even a month after declaring that Max would soon be HBO Max again,