Warner Bros. Discovery has roughly $37 billion in gross debt (a number it has whittled down through content much loathed content write-offs and layoffs), and a big chunk of that is going to be ...

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.

Gunnar Wiedenfels, CFO of Warner Bros. Discovery, will serve as president and CEO of the networks business.

Would you like to own CNN, TNT, and the Discovery Channel? Warner Bros. Discovery owns them now — but wants to get rid of them.

Warner Bros. Discovery last year revealed its intent to split its business in two, a plan first reported by the Financial Times in July last year.

Warner Bros. Discovery will split into two companies by next year, with much of its streaming and movie production moving under one company and its live sports and news to another, according to ...

Warner Bros. Discovery posted disappointing first-quarter results despite growth in streaming. But the stock rose Thursday on renewed speculation that the company will spin off its slipping cable ...

Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming.

Warner Bros. Discovery will soon break up. David Zaslav is set to oversee studios and streaming while CFO Gunnar Wiedenfels will handle global networks.

Warner Bros. Discovery, grappling with declines in its overall business, said Monday it planned to divide the company into two publicly-traded entities, one devoted to streaming and content ...

Warner Bros Discovery will split into two companies as Streaming & Studios will separate from Global Networks.

WBD will split into two publicly traded companies. One will house HBO networks, streaming, film. The other will house cable networks like CNN, TNT, and some other products.