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Warner Bros. Discovery Inc. Series A stock underperforms Thursday when compared to competitors
Shares of Warner Bros. Discovery Inc. Series A slid 3.33% to $10.16 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,
Warner Bros. Discovery is splitting into two companies
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 television networks.
Warner Bros. Discovery to Split Into Two Companies
The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and studios business into another.
HBO Family, ThrillerMax and Other Multiplex Channels to Be Shut Down by Warner Bros. Discovery
Besides cutting HBO Family, WBD also plans to cease operations on the Cinemax multiplex channels ThrillerMax, MovieMax and OuterMax. Details of the pare down was first reported this week by Cord Cutters News,
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