The Newhouse family had been the largest shareholders of the media company, and will use the cash for estate planning and ...

Warner Bros Discovery missed first-quarter revenue estimates and posted a larger-than-expected loss earlier in the day due to a sluggish box office performance and ongoing declines in cable. 3.

Warner Bros. Discovery will split into two public companies by next year, carving off cable operations from its streaming service.. Warner Bros. Discovery said Monday that Streaming & Studios will ...

Warner Bros. Discovery is the latest media company to shed employees from its cable TV channels, with several dozen positions jettisoned Wednesday. The layoffs, confirmed by an executive not ...

Warner Bros. Discovery plans to split into two companies by separating its studios and streaming from cable TV networks to better compete in the evolving media landscape.

Warner Bros. Discovery is dividing its assets into two separate publicly traded companies, the media conglomerate announced Monday. The move will put the company’s iconic movie studio ...

A Warner Bros (Discovery) sign is being pictured at the TVN broadcaster headquarters in Warsaw, Poland, on August 6, 2024. Warner Bros Discovery is looking to offload smaller assets in a bid to ...

Warner Bros. Discovery, as its cable TV business continues to shrink and viewership falls, has made targeted job cuts across its linear networks. The media conglomerate’s linear TV business ...