Warner Bros. Discovery said ... that was the result of Discovery’s mergers with Scripps and WarnerMedia. Warner’s streaming business is at the center of its growth strategy.

Warner Bros. Discovery, CNN’s corporate parent, announced Thursday it is establishing a new corporate structure that splits off its cable networks from its growing streaming business.

Warner Bros. Discovery said Thursday that it is restructuring into two operating divisions — with one focusing on its struggling legacy cable TV business and the other on streaming and studios ...

By Etan Vlessing Canada Bureau Chief Warner Bros. Discovery ... embattled the pay TV business is, the move by WBD follows rival Comcast unveiling a plan to spin off its less lucrative cable ...

Shares of Warner ... business. "However, finding a buyer will be challenging. The networks are in debt and have no signs of growth." In August, Warner Bros Discovery wrote down the value of its ...

Warner Bros. Discovery is separating its linear television business from its streaming business and film studios. It follows a similar move by Comcast, which announced in November it would spin ...

Warner Bros. Discovery CEO ... Wall Street’s gaze to its high cash-generating portfolio of linear networks, while allowing a more focused look at the part of the business that still has growth ...

Warner Bros. Discovery WBD0.66%increase; green up pointing triangle said it is restructuring into two operating divisions, one focused on the legacy cable TV business and the other on streaming ...