Warner Bros. Discovery to split into two companies, dividing cable and streaming services

Warner Bros. Discovery volition divided into 2 nationalist companies by adjacent year, carving disconnected its cablegram operations from its streaming service. File | Photo Credit: Reuters

Warner Bros. Discovery volition divided into 2 nationalist companies by adjacent year, carving disconnected its cablegram operations from its streaming service.

Warner Bros. Discovery said Monday (June 9, 2025) that Streaming & Studios volition see Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, arsenic good arsenic their movie and tv libraries.

The Global Networks institution volition see CNN, TNT Sports successful the U.S., and Discovery, apical free-to-air channels crossed Europe, and integer products specified arsenic the Discovery+ streaming work and Bleacher Report.

Shares jumped much than 9% earlier the marketplace open.

Warner Bros. Discovery CEO David Zaslav volition service arsenic CEO of Streaming & Studios. Gunnar Wiedenfels, main fiscal serviceman of Warner Bros. Discovery, volition service arsenic CEO of Global Networks. Both volition proceed successful their existent roles until the separation.

“By operating arsenic 2 chiseled and optimised companies successful the future, we are empowering these iconic brands with the sharper absorption and strategical flexibility they request to vie astir efficaciously successful today’s evolving media landscape," Mr. Zaslav said successful a statement.

The divided is expected to beryllium completed by the mediate of adjacent year. It inactive needs last support from the Warner Bros. Discovery board.

Published - June 09, 2025 05:56 p.m. IST