Warner Bros. Discovery Approves Company Split Amid Industry Changes

Warner Bros. Discovery's planned split into separate companies by 2026 is causing significant upheaval at CNN, which is being viewed as a declining asset. The restructuring aims to cut costs and address ratings and revenue issues, with potential layoffs and salary reductions for talent. Despite challenges, some industry insiders remain optimistic about CNN's historic value and future relevance, though the network faces a difficult transition amid declining viewership and revenue.