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Warner Bros. Discovery splits streaming and cable

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Warner Bros Discovery splits streaming from cable TV in latest media shakeup
By Dawn Chmielewski, Aditya Soni and Jaspreet Singh LOS ANGELES (Reuters) -Warner Bros Discovery said it would split into two publicly traded companies, separating its studios and streaming business from its fading cable television networks as the parent of HBO and CNN looks to compete better in the streaming era.

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Warner Bros. Discovery Makes Layoffs Across Cable TV Group
ET BrandEquity on MSN · 19h
Warner Bros Discovery shares surge 8% after it announces splitting streaming from cable TV
Warner Bros. Discovery to split into two companies, dividing cable and streaming services
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 upheaval in ...

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HBO and CNN owner to split streaming and cable businesses
Warner Bros. Discovery’s rapid split shows how much the cable TV business is struggling
Moody’s Downgrades Bonds of Warner Bros. Units After Split Plan
Moody’s Ratings has downgraded debt issued by units of Warner Bros. Discovery Inc., adding another complication to the media giant’s discussions with bondholders after it announced plans to split in t...

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Warner Bros. Split Puts Bondholders in a Bind
Warner Bros. Discovery will split into two media giants
Paramount Global to Cut 3.5% of US Workforce Due to Decline of Cable-TV Industry
Paramount Global plans to cut several hundred employees on Tuesday due to a continuing decline in the cable-TV industry and the broader economic landscape.
Disney CEO Bob Iger Says WBD and NBCU Spinning Off Cable Networks ‘Gives Us an Advantage’
Bob Iger positioned Disney's linear networks as an advantage over rivals like WBD and Comcast/NBCU that are spinning off their cable TV assets.
Paramount lays off several hundred employees amid linear TV declines and ‘dynamic macro-environment’
As studios continue to downsize, Paramount Global is the latest to announce layoffs. The company said Tuesday that it would be laying off 3.5% of its domestic staff.
Lake Forest City Council decides to keep broadcasting meetings on cable tv channel
Lake Forest residents who prefer to watch city meetings on cable television will continue to have that option as the City Council did not approve a staff recommendation to suspend the channel.
Did David Zaslav’s Grand Vision Fail? As WBD and Other Media Giants Move Pieces Around, They Can’t Outrun the Cable Math
Four years ago, David Zaslav insisted that Discovery Communications together with what was then called WarnerMedia was more than the sum of its parts. They had a “formidable” lineup of global assets, he said.
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