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Warner Bros. Discovery's cable networks, like many of its rivals, have lost viewers as consumers shifted to streaming services such as Netflix, causing its stock to slump more than 60% since the ...
Warner Bros. Discovery CEO David Zaslav will remain as the leader of the streaming-focused entity, while Gunnar Wiedenfels, the company’s CFO who has become known for finding new ways to cut old ...
Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming service and Warner Bros. studio, and the other around CNN and other ...
Warner Bros. Discovery (WBD) stock popped early Monday after the company announced plans to split into two independent, publicly traded companies, separating its streaming and studio assets from ...
After Warner Bros. Discovery stock popped as much as 13% on the split-up announcement, shares ended down 3% for the day on June 9. It’s bounced back since then, up 5% compared with the June 6 ...
Would you like to own CNN, TNT, and the Discovery Channel? Warner Bros. Discovery owns them now — but wants to get rid of them. WBD's move follows a similar one Comcast announced a few months ago.
Warner Bros Discovery announced its plan to split into two publicly traded entities as it separates its streaming and cable operations. Warner Bros Discovery announced its plan to split into two ...
GRANTS PASS, Ore. (KPTV) – Dutch Bros, the beloved coffee chain that began as a small pushcart in Grants Pass, is officially moving its corporate headquarters to Phoenix, the company announced ...
Warner Bros. Discovery is splitting into two separate companies — one focused on streaming and Hollywood blockbusters and the other on cable TV and global networks. REUTERS Revenue from cable ...
Shares in Warner Bros. Discovery (WBD) have fallen by about half since then. On Monday morning the shares rallied more than 10% on the news of the split, but ultimately closed down about 3%.
Warner Bros. Discovery’s announced separation follows the industry’s latest M&A trend. In this case, separation is easy. Successfully shaping what comes next is the hard part.
Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people “cutting the cord” brings with it a sustained ...