Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming ...

The move will put the company’s iconic movie studio, prestige TV operation, HBO and HBO Max and DC Studios into a single entity known as Streaming & Studios.

The Newhouse family had been the largest shareholders of the media company, and will use the cash for estate planning and ...

The company will split into two separate public companies by the middle of next year. One company, Streaming & Studios, will include the Warner Bros. movie and TV studios along with the recently ...

Warner Bros. Discovery's cable networks, like many of its rivals, have lost viewers as consumers shifted to streaming services such as Netflix, causing its stock to slump more than 60% since the ...

Warner Bros. Discovery will split into two public companies by next year, calving off cable operations from its streaming service as the number of people “cutting the cord” rises.

NEW YORK (AP) — 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 ...

Warner Bros. Discovery said it expected the transaction to be completed by the middle of next year. Shares of the company initially jumped on news of the separation, but closed down nearly 3 percent.

Warner Bros. Discovery will divide into two companies by next year, ending the media conglomerate’s quest to create an all-in-one TV, film and streaming behemoth that could overtake Netflix and ...

After Warner Bros. Discovery stock popped as much as 13% on the split-up announcement, shares ended down 3% for the day on June 9. It’s bounced back since then, up 5% compared with the June 6 ...

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 ...