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’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 ...

Bank of America research analyst Jessica Reif Ehrlich said Warner Bros. Discovery's cable TV assets are a "very logical partner" for Comcast's new spinoff company.

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 ...

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