Warner Bros. Discovery to split into two public companies by next year
- On June 9, 2025, Warner Bros. Discovery announced it will split into two distinct public companies separating its cable and streaming operations.
- The split responds to declining cable TV assets and aims to improve competitiveness amid industry disruption and falling cable subscribers.
- The company’s Streaming & Studios division will encompass Warner Bros. Television, HBO, DC Studios, and their extensive film libraries, while the Global Networks division will oversee CNN, Discovery, and TNT Sports.
- CEO David Zaslav stated that by functioning as two separate and optimized entities, the company will enable these well-established brands to benefit from increased focus and greater strategic adaptability.
- The tax-free separation, expected by mid-2026, aims to unlock shareholder value and enable each company to pursue investment and growth independently.
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175 Articles
Cable Cut: CNN's Parent Company To Spin Off Struggling Network
CNN parent company Warner Bros. Discovery announced Monday that it will split into two publicly traded companies, cutting CNN off from the more profitable streaming business as the left-leaning network grapples with plummeting ratings.The post Cable Cut: CNN's Parent Company To Spin Off Struggling Network appeared first on .
CNN owner Warner Bros. splits streaming and cable into different companies
Warner Bros. Discovery, the media conglomerate that owns HBOMax, TNT Sports, and CNN, will be splitting into two companies. The company will be divided into one that handles streaming and studios, including HBO Max and its movie properties, and another…
Warner Bros. Discovery announces major corporate restructuring to separate streaming from cable
Warner Bros. Discovery announced plans to split into two companies, separating its studios and streaming from cable TV networks to better compete in the evolving media landscape.
Warner Bros. splits streaming and cable into different companies
Warner Bros. Discovery, the media conglomerate that owns HBOMax, TNT Sports, and CNN, will be splitting into two companies. The company will be divided into one that handles streaming and studios, including HBO Max and its movie properties, and another that will be in charge of its global network company, consisting of CNN, TNT Sports, and Discovery. “By operating as two distinct and optimized companies in the future, we are empowering these ico…
Warner Bros. Discovery will split into two media giants
Warner Bros. Discovery (WBD) has announced that it will be splitting up into two separate media companies. The new structure will see one entity retain Warner Bros. film, television and game studios, along with New Line Cinema, DC Studios, HBO and HBO Max, while the other will hold the company’s full portfolio of live cable channels, which includes many household names like CNN, HGTV, Cartoon Network, Discovery, TCL and others. In a shareholder …
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