Warner Bros. Discovery to Split into Two Companies Amid Cable Decline
TL;DR Summary
Warner Bros. Discovery plans to split into two separate public companies by mid-2026, dividing its cable operations (including CNN, TNT Sports, Discovery, and digital products) from its streaming and studio businesses (including Warner Bros., HBO, and DC Studios), to better focus and compete in the evolving media landscape.
- Warner Bros. Discovery to split into two companies, dividing cable and streaming services ABC News
- Warner Bros. Discovery to split into two public companies by next year CNBC
- David Zaslav’s SpinCo: Warner Bros. Discovery CEO Outlines “Bold Choice” to Split Company The Hollywood Reporter
- Warner Discovery Splits Cable From Marquee Streaming, Studio Businesses WSJ
- Warner Bros. Discovery’s rapid split shows how much cable television has declined MarketWatch
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