Warner Bros. Discovery’s announced separation follows the industry’s latest M&A trend. In this case, separation is easy.

One company — tentatively called Global Networks — will hold familiar cable channels like CNN, TBS and TNT as well as Discovery+ streaming service.

Coupled with the HBO Max reversion that occurred just last month, the redivision of WBD might be yet another obvious ...

NEW YORK (AP) — Warner Bros. Discovery will split into two public companies by next year, calving off cable operations from its streaming service as the number of people “cutting the cord” brings with ...

Cable networks powerhouse Discovery Communications has won the auction for the Scandinavian assets of German TV giant ProSiebenSat.1 in a deal that values the business at $1.7 billion (€1.33 ...

The chief executive of CNN’s parent company, Warner Bros. Discovery, David Zaslav, is expected to get hit with a major pay ...

Warner Bros Discovery bondholders approved a debt structuring that underpins a break-up of the media group, handing a rare ...