Warner Bros. Discovery is splitting into 2 companies
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The first of these two companies is tentatively dubbed "Streaming & Studios," though it will almost certainly maintain the Warner Bros. name. This company will comprise Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO and the streaming service HBO Max, along with these brands' existing film and television libraries.
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HBO Max will expand to 12 New territories in July; WBD execs outlined the local programming strategy at NEM Dubrovnik.
Having trailed the move a year ago, Warner Bros Discovery (WBD) chief David Zaslav has followed through on plans to split the company in half. The company is to separate into Streaming & Studios (HBO) and Global Networks (TNT Sports,
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.
Warner Bros. Discovery has announced that HBO Max will continue its global rollout, with new markets including Iceland and Estonia.