WBD’s decision to split itself into two entirely different, separately traded companies represents a big change from a separation plan the company announced last December. Last December, the company ...

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Warner Bros. Discovery plans to split into two public companies by next year. WBD will separate into a streaming and studios company, which will include its movie properties and streaming service HBO ...

Monday’s news that Warner Bros. Discovery is splitting into two companies – one consisting of studios and streaming, the other linear TV networks – has cued up Hollywood’s latest succession drama.

This is read by an automated voice. Please report any issues or inconsistencies here. Warner Bros. Discovery has officially acknowledged the company is up for sale, marking the third time in a decade ...

Warner Bros. Discovery reported second-quarter earnings after the bell. The media company booked a $9.1 billion non-cash goodwill impairment charge on its TV networks business. The company also missed ...

Warner Bros. Discovery shares rallied after the entertainment conglomerate agreed to sell its studios and streaming business to Netflix. The stock (WBD) rose 6.3% to $26.08 per share, its highest ...