Warner Bros. Discovery to split
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Axios on MSNCNN owner Warner Bros. Discovery plans to break up media empireWarner Bros. Discovery, the parent company to Atlanta-based cable channels such as CNN, TBS and TNT, plans to split into two publicly traded companies, largely parting its television networks from its streaming business.
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.