Warner Bros Discovery sets stage for potential cable deal by splitting operations
Warner Bros Discovery on Thursday decided to separate its declining cable TV businesses such as CNN from streaming and studio operations such as Max, laying the groundwork for a potential sale or spinoff of its TV business as more cable subscribers cut the cord.
Warner Bros. Discovery is separating out its cable channels, too
Since the combination that created Warner Bros. Discovery, we have transformed our business and improved our financial position while providing world class entertainment to global audiences,” WBD president and CEO David Zaslav said in a statement (via THR).
Comcast (and Warner Bros. Discovery have inked long-term agreements that will deliver WBD’s extensive portfolio of content to ...
Warner Bros. Discovery, led by CEO David Zaslav, has become the latest Hollywood studio to rework its corporate structure ...
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Both companies have agreed to "the dismissal with prejudice of all claims in the action" in a new court filing The post ...
Warner Bros. Discovery just landed a key deal with cable giant Comcast and can now save money while maintaining their TV ...
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Update: Comcast Likely to Lose Over 100,000 Broadband Customers in Fourth Quarter; Extends Partnership With Warner BrosIn the first two quarters of the year, the company lost just under 100,000 broadband customers per quarter, Comcast Cable Chief ...
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