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 expects a simpler business structure that ... s spin-off plans have failed to boost its stock price in recent weeks. WBD wants to restructure into a distinct linear division ...

CNN is laying off around 6% of its workforce, the company announced Thursday morning, as it institutes sweeping new changes ...

(The Hill) — Media conglomerate Warner Bros. Discovery (WBD) announced a major restructuring of its business on Thursday, splitting its linear and streaming arms into two separate companies as ...

Netflix was the breakaway winner among media stocks in 2024, with its shares nearly doubling in price over the course of the ...

CEO Mark Thompson told staff the moves aimed to better serve audiences and "secure CNN's future as one of the world's ...