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Warner Bros. Discovery to split into two companies, dividing cable and streaming services
NEW YORK (AP) — Warner Bros. Discovery will split into two public companies by next year, calving off cable operations from its streaming service as the number of people “cutting the cord” brings with it a sustained upheaval in the entertainment industry.
Communications-services companies fell slightly as traders awaited updates on inflation and trade negotiations. Warner Bros. Discovery plans to split itself into two stand-alone publicly traded ...
Cable networks powerhouse Discovery Communications has won the auction for the Scandinavian assets of German TV giant ProSiebenSat.1 in a deal that values the business at $1.7 billion (€1.33 ...
Discovery Communications, which owns TLC and Animal Planet, is acquiring Scripps Networks, which owns Food Network and HGTV, in an $11.9 billion deal. "Together, we're about 20% of the viewership ...
Discovery Communications, the $7.4 billion company behind Shark Week and popular cable channels including TLC and Animal Planet, is moving its headquarters from Silver Spring, Md., to New York.
Discovery Communications is betting big with an investment in five online publishers — Thrillist, The Dodo, NowThisMedia, Seeker and SourceFed Studios — to attract young audiences. By Natalie ...
Discovery Communications Inc. and toy giant Hasbro Inc. are ending their equal partnership in the Hub, a cable network that hoped to become a force in children's television but made little headway ...
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