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Warner Bros. Discovery to split

Warner Bros. Discovery to split into two companies, dividing cable and streaming services

Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people “cutting the cord” brings with it a sustained upheaval in the entertainment industry.

New York Post on MSN · 1d

Warner Bros. Discovery to split cable TV networks from streaming, Hollywood studios

One company — tentatively called Global Networks — will hold familiar cable channels like CNN, TBS and TNT as well as Discovery+ streaming service.

Variety on MSN · 1d

Warner Bros. Discovery to Split Into Two Companies

Warner Bros. Discovery said it would split into two publicly traded companies, one focused on streaming and the other on traditional TV

David Zaslav Has No Clothes

Coupled with the HBO Max reversion that occurred just last month, the redivision of WBD might be yet another obvious ...

Communications Services Up on Deal Expectations -- Communications Services Roundup

Communications-services companies rose amid anticipation for more deal activity in the sector. A major advertising forecaster, WPP Media, said global trade disruptions and economic deglobalization ...

The Hollywood Reporter12y

Discovery Communications to Acquire ProSieben’s Scandinavian Assets in $1.7 Billion Deal

Cable networks powerhouse Discovery Communications has won the auction for the Scandinavian assets of German TV giant ProSiebenSat.1 in a deal that values the business at $1.7 billion (€1.33 ...

CNN7y

Discovery agrees to buy parent of HGTV, Food Network

Discovery Communications, which owns TLC and Animal Planet, is acquiring Scripps Networks, which owns Food Network and HGTV, in an $11.9 billion deal. "Together, we're about 20% of the viewership ...

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