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).
With several buzzy media and entertainment deals already planned for 2025, industry insiders say next year could see a flurry ...
Comcast (and Warner Bros. Discovery have inked long-term agreements that will deliver WBD’s extensive portfolio of content to ...
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Both companies have agreed to "the dismissal with prejudice of all claims in the action" in a new court filing The post ...
Warner Bros. Discovery is separating its TV business including CNN from its streaming and studios. It illustrates a cable ...
A top Comcast exec called a new distribution agreement with Warner Bros. Discovery “a huge win” for media giant in terms of ...
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