The move comes after Warner Bros. Discovery took a $9-billion write-down in August to reflect the diminishing value of its basic cable channels. The other half of the enterprise will be dedicated ...

Warner Bros Discovery (WBD) announced plans to split its traditional cable TV business from its streaming and studio operations by mid-2025. This strategic decision aims to enhance value creation ...

Under the new structure for Warner Bros Discovery, the cable TV business including TNT, Animal Planet and CNN will be housed in a unit called Global Linear Networks.

Warner shares closed at $12.49, up more than 15%. Media companies are considering options for fading cable TV businesses, a longtime cash cow where revenues are eroding as millions of consumers ...

Warner Bros. Discovery Inc. is changing its corporate structure and creating separate divisions for its cable and streaming businesses. The media company, which is the parent of CNN and HBO ...

Warner Bros Discovery on Thursday decided to separate its declining cable TV businesses such as CNN from streaming and studio operations such as Max, laying the groundwork for a potential sale or ...

The starting gun went off in October, when Comcast’s president, Michael Cavanagh, said the company was exploring a spinout of its cable networks ... s acquisition of Time Warner during his ...

increased leverage over rivals during carriage negotiations for popular Time Warner content, such as Turner Broadcasting System networks like CNN, TBS and TNT. During the trial, executives from ...

The city hall in Warner Robins. An employee of the building and transportation department for the city of Warner Robins allegedly experienced sexual harassment from a coworker. Jason Vorhees A ...

Warner Bros. Discovery is reorganizing its business into two separate units: one for linear networks, and the other for streaming and studios business. The move, which is set to be complete by mid ...

Warner Bros. Discovery WBD-3.36%decrease; red down pointing triangle said it is restructuring into two operating divisions, one focused on the legacy cable TV business and the other on streaming ...