EXCLUSIVE: The Warner Bros Motion Picture Group is undergoing 10% cuts in its workforce, we’ve learned. This follows Monday’s ...

David Zaslav will continue to lead Warner Bros., while current CFO Gunnar Wiedenfels is expected to helm Discovery Global ...

The media giant will continue to leverage the firm's solutions across linear, streaming, digital and cross-platform campaigns ...

The TV company, meanwhile, will handle Warner’s global TV networks, as well as all digital brands (i.e. Discovery+, Bleacher Report, and CNN’s streaming products) associated with those channels.

Warner Bros. Discovery, grappling with declines in its overall business, said Monday it planned to divide the company into two publicly-traded entities, one devoted to streaming and content ...

Despite a string of big hits, Warner Bros. Discovery's film division will lay off 10 percent of staff amid WBD's planned split into two companies.

Warner Bros. Discovery (NASDAQ: WBD) has announced its plan to divide into two separate public entities by next year. The stock surged 8.76% in Monday pre-market.

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’s movie and TV production studios and streaming operation, soon to go back to its earlier name, HBO Max, will not be hit by the cutbacks.

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 ...