The deal created a company weighed down with debt at a time when cable TV, its largest business, was hemorrhaging viewers and advertising dollars. “The decision to separate Warner Bros.

The deal created a company weighed down with debt at a time when cable TV, its largest business, was hemorrhaging viewers and advertising dollars. “The decision to separate Warner Bros. Discovery ...

WBD's move follows a similar one Comcast announced a few months ago. Because while cable TV networks still make money, they're a business in permanent decline. No one wants to own cable networks ...

Warner Bros. Discovery announced Monday that it will split into two companies by separating its studios and streaming business from its cable TV networks. The parent company of HBO and CNN is ...

Warner Bros. Discovery Inc. is splitting itself in half, unshackling its fast-growing streaming business from the struggling ...

It's to separate its studios and streaming business from its fading cable television networks. The parent of HBO and CNN wants to compete better in the streaming era. The breakup is the latest ...

But the rapid decline of cable television soured investors on the tie-up and shares in the company had declined nearly 60% since the merger. Since then, the number of people watching cable has ...

WBD had laid the groundwork for a sale or spin-off of its declining cable TV assets in December by announcing a separation from its streaming and studio operations. The split comes as WBD tries to ...

My father can’t stand streaming. He would still rather scroll through the annals of a cable TV guide and pop on a rerun of The Office than open an app on his TV. Sometimes, when I tell him about ...

Warner Bros Discovery Splits Streaming From Cable TV in Latest Media Shakeup By Dawn Chmielewski, Aditya Soni and Jaspreet Singh LOS ANGELES (Reuters) -Warner Bros Discovery said it would split ...