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Warner Brothers Discovery WBD-0.05%decrease; red down pointing triangle said it entered a joint-venture partnership with Cutting Edge Group to co-own its catalog of film and television music. The ...
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.
As Warner Bros. Discovery continues to cut costs, the David Zaslav-led media giant will implement a new round of layoffs, TheWrap has learned. An individual familiar with the matter tells TheWrap ...
Warner Bros. Discovery has partnered with rights firm Cutting Edge Group in a joint venture which will co-own the studio’s catalog of film and TV music from its blockbusters.
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Warner Bros. Discovery to Split Studios From TV Business - MSNWarner Bros. Discovery shares rose sharply Monday morning but turned lower and were down 3% in recent trading. They have lost about 10% of their value since the start of the year.
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Warner Bros. to Split Into Streaming, Cable TV Companies - MSNWarner Bros. late last year already shifted its organizational structure into two divisions, as consumers shift away from traditional pay-TV to new online options. Monday’s announcement takes ...
In December 2024, Warner Bros. Discovery took steps toward spinning its cable channels away from its studio and streaming businesses, a la NBCUniversal and the newly created Versant.
Warner Bros. Discovery is the latest media company to announce it's splitting into smaller companies Its older cable networks will go into one company, its streaming services and movie empire another.
Warner Bros. Discovery is splitting into two separate companies — one focused on streaming and Hollywood blockbusters and the other on cable TV and global networks. REUTERS Revenue from cable ...
Warner Bros. Discovery was downgraded to junk status by S&P Global Ratings on Tuesday, with the credit agency pointing to challenges facing its linear TV business as the primary driver. The ...
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