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The studio and cable conglomerate that David Zaslav created couldn’t overcome outside forces and massive debt.

The owner of CNN and HBO Max, Warner Bros Discovery, says it will split into two companies by the middle of next year.

Warner Bros. Discovery will carve off cable operations from its streaming service, creating two independent companies.

Warner Bros. Discovery's rapid split shows how much the cable TV business is struggling Provided by Dow Jones Jun 9, 2025, 5:55:00 PM ...

Warner Bros. Discovery to split into two companies, focusing on streaming & studios and global networks, led by current executives.

Warner Bros. Discovery Inc. is splitting its streaming and film businesses from its traditional TV units, largely unwinding a three-year-old merger that tethered faster growing online operations ...

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.

NEW YORK (AP) — Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people “cutting the cord” brings with ...

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.