It comes as streaming services attract hundreds of millions of users around the world but cable TV has seen audiences decline ...

Warner Bros. Discovery said it will separate its media businesses into two new companies, with cable in one and streaming and ...

Warner Bros. Discovery, the parent company of HBO Max, CNN and TNT, announced Monday it would split into two companies by the middle of next year, the latest move by a major media conglomerate to ...

WBD will split into two publicly traded companies. One will house HBO networks, streaming, film. The other will house cable networks like CNN, TNT, and some other products.

One company will focus on the HBO ... as CNN, TNT and Discovery, as well as some streaming options. Current Warner Bros. Discovery CEO David Zaslav will oversee the streaming and studios business.

Amid declining television revenues and rising competition in the streaming space, Warner Bros Discovery has announced it will ...

The new Streaming & Studios company will include DC Studios and HBO, while Global Networks will include CNN and TNT.

Warner Bros. Discovery will split into a Streaming & Studios business with HBO and DC Studios, while Global Networks will ...

Key TakeawaysWarner Bros. Discovery on Monday announced plans to split into two separate companies, sending its shares higher ...

The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and ...