Warner Bros. Discovery to split into two companies: What to know David Zaslav, CEO of Warner Bros. Discovery, seen here in 2023, will oversee the company’s studio assets when it splits in two.

As cable television continues to experience stagnation, with the trend of cord-cutting growing stronger each year, Warner Bros. Discovery (WBD) is adapting to the evolving media landscape by ...

The streaming and studios arm will consist of Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, as well as their film and television libraries.

Warner Bros. Discovery Inc. is splitting itself in half, unshackling its fast-growing streaming business from the struggling legacy media channels and setting up two independent companies that ...

Warner Bros. Discovery has announced plans to split itself into two companies, separating its streaming and studios divisions from its linear television businesses. The split is expected to be ...

But they aren’t splitting up as Warner Bros and Discovery. Instead, WBD is splitting its streaming and studios division away from its linear television business.

Shares rose as much as 12% after the opening bell, but pared gains to close down about 3%. Read more about Warner Bros. Discovery's stock moves and today's market action.

Warner Bros. Discovery’s beleaguered shares surged briefly on Monday’s news. But throughout the day, gains were erased and Warner Bros. Discovery’s stock ended down nearly 3% to $9.53 a share.

Monday’s announcement is Warner Bros. Discovery’s answer to investor pressure and intensive industry-wide change. As the cable television business contracts in the streaming era, Zaslav is ...