Wall Street analysts are bullish the move could pave the way for M&A and bring the industry a step closer to rationalization ...

Warner Bros. Discovery will carve off cable operations from its streaming service, creating two independent companies as the ...

Chief Executive Mark Read-who has been at the company for more than 30 years-will retire from the board and as CEO on Dec. 31. The deal for the U.K.-listed semiconductor company comes as Qualcomm ...

Warner Bros. Discovery (WBD), the corporate parent of CNN and one of the largest media conglomerates in the country, plans to split its business into two separate and public companies as part of a ...

Warner Bros. Discovery said in December that it was implementing a restructuring plan in which Warner Bros. Discovery would ...

Asian shares are mostly higher as investors keep an eye on China-U.S. trade talks that might help stave off a recession ...

Warner Bros. Discovery announced Monday that it will spin off its cable networks, including those that comprise TNT Sports, ...

By Dawn Chmielewski, Aditya Soni and Jaspreet Singh LOS ANGELES (Reuters) -Warner Bros Discovery said it would split into two ...

Just three years after the iconic Warner Bros. film studio and television business was acquired for $43 billion by Discovery, ...

Hours after David Zaslav announced Warner Bros. Discovery was spinning off its networks business, Chuck Lorre has tabled a ...

Said one top executive: "It’s a deal that never had a shot and shouldn’t have been done. But they’ve also done a terrible job ...

Monday's news that Warner Bros. Discovery is splitting into two companies has fueled chatter about which execs will end up ...