Warner Bros Discovery sets stage for potential cable deal by splitting operations
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 spinoff of its TV business as more cable subscribers cut the cord.
Warner Bros. Discovery is separating out its cable channels, too
Since the combination that created Warner Bros. Discovery, we have transformed our business and improved our financial position while providing world class entertainment to global audiences,” WBD president and CEO David Zaslav said in a statement (via THR).
Comcast (and Warner Bros. Discovery have inked long-term agreements that will deliver WBD’s extensive portfolio of content to ...
Warner Bros. Discovery is separating its TV business including CNN from its streaming and studios. It illustrates a cable ...
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