As cable television continues to experience stagnation, with the trend of cord-cutting growing stronger each year, Warner Bros. Discovery (WBD) is Warner Bros Discovery announced its plan to split into two publicly traded entities as it separates its streaming and cable operations.
Biotech & Health
Climate
Cloud Computing
Commerce
EVs
The move comes as consumers cut cords from their cable plans and companies focus on streaming.
Shares jumped more than 8% before the market open.
The media giant will separate its studio and streaming business away from its cable TV networks.
The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and studios…
Warner Bros Discovery to separate streaming division from TV networks just two years after mega-merger
Warner Bros. Discovery announced the corporate names and leadership teams of its two companies for when the company separates in…
Warner Bros. Discovery to split into two public companies by next year
Warner Bros. Discovery To Split CNN, TNT From Streaming Service By Next Year
HBO and CNN owner Warner Bros Discovery to split in two
Warner Bros. Discovery to Split Into Two Companies
Hollywood’s biggest studio to split as viewers switch off traditional TV
Warner Bros Discovery spaltet sich auf
Warner Bros. Discovery makes still more changes, will split streaming, TV business
Il grande gruppo dei media Warner Bros. Discovery si dividerà in due società, una per lo streaming e una per la televisione - Il Post
Warner Bros. Discovery to divide into two companies - UPI.com
Warner Bros. Discovery separa film e tv, nascono due società - Notizie - Ansa.it
