A major transaction has long felt inevitable. The 2022 merger saddled the company with roughly $50 billion in debt, leaving its leadership little choice but to explore a breakup or sale. If the split proceeds, WBD CEO David Zaslav would continue leading the Warner Bros. side, and Discovery Global would be led by current CFO David Wiedenfels.

As Netflix and Paramount fight for Warner Bros. Discovery, the fate of the giant media company could rest on the value of its cable networks.

Warner Bros. Discovery, which counts CNN and HBO among its assets, announced Tuesday it is for sale amid interest from several suitors. The company previously announced plans to separate Warner Bros. and Discovery Global into two companies but announced ...

ANKARA, TURKIYE - APRIL 12: In this photo, illustration the logo of Discovery is displayed on computer screen and the logo of Warner Bros. is displayed on phone screen in front of it in Ankara, Turkiye on April 12, 2022. Media giants, WarnerMedia and ...

Warner Bros. Discovery is splitting itself into two stand-alone publicly traded entertainment companies, separating its HBO Max streaming service, movie studio and TV production business from its cable networks. One company will be home to CNN, TNT, TBS ...

Discovery Global, the planned stand-alone home for Warner Bros. Discovery‘s linear TV networks, has announced May 13, 2026, as the date of its first upfront presentation to advertisers. The new entity will include Warner Bros. and HBO Max titles in its ...

Okay. Great. We'll get started. We're thrilled to welcome Gunnar Wiedenfels back, currently the CFO of Warner Bros. Discovery, but on to other things as well. Let's focus a little bit on Warner Media and Discovery first, but it's been 3 years since the ...

Warner Bros. Discovery announced early Monday morning plans to split its media entities into two public companies by next year. The movie and streaming services, such as HBO Max (formerly Max), will form one entity, while traditional television networks ...

Warner Bros. and Netflix leaders put on a show of force Wednesday when Netflix co-CEOs paid a visit to the Warner Bros. lot in Burbank.