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Warner Bros to split cable and streaming businesses in major restructuring | TechCrunch
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.
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cnbc.com
Warner Bros. Discovery to split into two public companies by next year
The move comes as consumers cut cords from their cable plans and companies focus on streaming.
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nytimes.com
Warner Bros. Discovery to Split Into Two Companies
The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and studios business into another.
