Reported about 9 hours ago
Warner Bros. Discovery has announced plans to split into two independent companies, separating its cable operations from its streaming services due to the ongoing trend of viewers 'cutting the cord.' The new structure will create a streaming-focused entity that includes HBO, HBO Max, and Warner Bros. Television, while the cable company will manage CNN, TNT Sports, and other channels. This split is part of a broader strategy to better compete in the evolving media landscape.
Source: YAHOO