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Warner Bros. Discovery Inc. was downgraded to junk by Moody’s Ratings, cementing the media giant as a fallen angel just years after it sold one of the biggest high-grade bond deals on record.

Warner Bros. Discovery will split into two companies by next year, with much of its streaming and movie production moving under one company and its live sports and news to another, according to ...

WarnerBros. Discovery plans to split its business into two separate companies to address financial issues and optimize operations.

Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming service and Warner Bros. studio, and the other around CNN and other ...

Warner Bros. Discovery intends for the corporate breakup to take effect by mid-2026. Monday’s announcement is Warner Bros. Discovery’s answer to investor pressure and intensive industry-wide ...

Warner Bros. Discovery will split into two public companies by next year, calving off cable operations from its streaming service as the number of people “cutting the cord” rises.

Warner Bros. Discovery on Monday announced plans to split into two separate companies, sending its shares higher in morning trading. One company will be made up of the company's studios and HBO ...

Warner Bros. Discovery said it will separate its media businesses into two new companies, with cable in one and streaming and studios in the second.

Warner Bros. Discovery, which also owns CNN, Food Network, DC Studios and Warner Bros. Gaming, is splitting up into two separate public companies.

Warner Bros. Discovery plans to split into two companies, separating studios and streaming from cable TV networks, to enhance streaming content production and to better compete.

Warner Bros. Discovery will split into a Streaming & Studios business with HBO and DC Studios, while Global Networks will include CNN and Discovery.