18 Articles
18 Articles
Warner Bros. Discovery to split into 2 companies
Warner Bros. Discovery said it would split into two publicly traded companies, separating its studios and streaming business from its fading cable television networks as the parent company of HBO and CNN looks to compete better in the streaming era.
New Cleaving of Warner Bros. Discovery’s Studio Business from Its Cable Channels Will Do More Than ‘Unlock Value’
We’ve heard these phrases before: “unlock value,” “maximize potential,” “leverage strengths.” All three were used in Warner Bros. Discovery’s corporate press release on Monday morning announcing that the David Zaslav-led company will now look to become two separate companies, one housing the film studio, HBO, and streamer, and the other housing all of Discovery’s old cable channels. We had a feeling this would happen sooner or later. Cable — or …
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