Warner Bros. Discovery Is Splitting Up
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HBO Max will expand to 12 New territories in July; WBD execs outlined the local programming strategy at NEM Dubrovnik.
Remember the plan for HBO Max and Discovery to mix their content together into an all-new streaming called “Max”? Well, forget all that. Not even a month after declaring that Max would soon be HBO Max again,
The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and studios business into another.
Today, with court filings certain to follow, it didn’t take Warner Bros Discovery that long at all to respond to Simmons’ $20 million defamation suit against On the Record –
Warner Bros. Discovery shareholders just rejected CEO David Zaslav's pay package. Wall Street thinks a split-up of the company may be next.