Warner Bros. Discovery Split: What Will Happen to the Movie Studios, HBO Max, Cable Networks and Other Businesses?

Warner Bros. Discovery, as it telegraphed six months ago, is breaking itself into two chunks. One company will be “WBD Streaming & Studios,” encompassing Warner Bros. Pictures, HBO, Max/HBO Max and more. The other will be “WBD Global Networks,” home to CNN, TNT, TBS and more, largely comprising linear TV businesses that have suffered declines […]