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Warner Bros. Discovery to split

Warner Bros. Discovery to split into two companies, dividing cable and streaming services

Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people “cutting the cord” brings with it a sustained upheaval in the entertainment industry.

New York Post on MSN · 1d

Warner Bros. Discovery to split cable TV networks from streaming, Hollywood studios

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

Variety on MSN · 1d

Warner Bros. Discovery to Split Into Two Companies

Warner Bros. Discovery said it would split into two publicly traded companies, one focused on streaming and the other on traditional TV

David Zaslav Has No Clothes

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

The Hollywood Reporter12y

Discovery Communications to Acquire ProSieben’s Scandinavian Assets in $1.7 Billion Deal

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 ...

CNN7y

Discovery agrees to buy parent of HGTV, Food Network

Discovery Communications, which owns TLC and Animal Planet, is acquiring Scripps Networks, which owns Food Network and HGTV, in an $11.9 billion deal. "Together, we're about 20% of the viewership ...

The Washington Post7y

Discovery Communications is selling Md. headquarters and moving to New York

Discovery Communications, the $7.4 billion company behind Shark Week and popular cable channels including TLC and Animal Planet, is moving its headquarters from Silver Spring, Md., to New York.

The Hollywood Reporter11y

Discovery Communications CEO: OWN Has Turned Cash-Flow-Positive

Discovery Communications on Tuesday reported improved second-quarter financials amid ratings gains at key cable networks, but the results came in below Wall Street expectations. Previously ...

Wall Street Journal10y

Discovery to Take Control of Hub Children's Network

Discovery Communications Inc. and toy giant Hasbro Inc. are ending their equal partnership in the Hub, a cable network that hoped to become a force in children's television but made little headway ...

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