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Warner Bros. Discovery WBD1.35%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 ...
Warner Bros. Discovery on Monday announced plans to split into two separate companies, sending its shares higher in morning trading. One company will be made up of the company's studios and HBO ...
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.
Media conglomerate Warner Bros. Discovery (WBD) announced a major restructuring of its business Thursday, splitting its linear and streaming arms into two companies as it eyes potential mergers ...
Warner Bros. Discovery reportedly is slashing 1,000 jobs as the ... CNN CEO Mark Thompson said last week he would cut 100 jobs at the struggling news network as he moves to restructure the business.
Warner Bros. Discovery owns them now — but wants to get rid of them. WBD's move follows a similar one Comcast announced a few months ago. Because while cable TV networks still make money, they ...
Warner Bros Discovery made sweeping cuts to its games division today, closing three studios and ending development on its planned Wonder Woman project. Monolith Productions, Player First Games and ...
Warner Bros. Discovery, led by CEO David Zaslav, has become the latest Hollywood studio to rework its corporate structure with an eye toward a possible spinoff of its legacy TV assets.. Warners on ...
The cable company will own a minority stake in the streaming business. Warner Bros. Discovery said in a news release that it was taking out a $17.5 billion short-term loan ahead of the split to ...
Warner Bros. Discovery CEO 0David Zaslav said a reorganization into two businesses, Linear Networks and Studio & Streaming, lets it move fast if it wants to split. Skip to main content Open Mega Menu ...
Warner Bros. Discovery became the latest media giant hit by the rise of cord-cutting and streaming to announce a restructuring, with plans to split its TV business from its streaming and film studios.