Warner Bros. Discovery Takes Lesson From HBO Max for New Company Names
UNITED STATES, JUL 29 – The split aims to let each company focus on distinct markets, with Warner Bros. targeting streaming and studios and Discovery Global overseeing global TV networks amid industry shifts.
- On Monday, Warner Bros. Discovery unveiled that its Streaming & Studios division will be called Warner Bros. and its Global Networks segment Discovery Global.
- Last month, Warner Bros. Discovery announced the split amid an industry shift from cable to streaming, noting the merger was a misfire that eroded value.
- The spinoff will create two publicly traded businesses, following Comcast's similar move, with Discovery Global delivering content to 1.1 billion viewers in 68 languages across 200 countries after 27+ months.
- Following the unveiling, Wiedenfels will serve as President and CEO of Discovery Global, while Zaslav remains President and CEO of Warner Bros., both effective immediately.
- The split is expected to be completed by mid-2026, separating Discovery Global's debt from Warner Bros. to strengthen financial positioning.
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Earlier this summer Engadget covered the news that Warner Bros. Discovery would split into two giant media companies. Today the conglomerate announced the names for the restructured entities. The company retaining Warner Bros. film, television and game studios, along with New Line Cinema, DC Studios, HBO and HBO Max, will be called Warner Bros. Meanwhile, the other entity, which holds the original company’s full portfolio of live cable channels,…
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