{"id":31257,"date":"2025-06-09T12:01:25","date_gmt":"2025-06-09T12:01:25","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/warner-bros-discovery-to-split-into-two-separating-cnn-and-cable-networks-from-streaming\/"},"modified":"2025-06-09T12:01:25","modified_gmt":"2025-06-09T12:01:25","slug":"warner-bros-discovery-to-split-into-two-separating-cnn-and-cable-networks-from-streaming","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/warner-bros-discovery-to-split-into-two-separating-cnn-and-cable-networks-from-streaming\/","title":{"rendered":"Warner Bros. Discovery to split into two, separating CNN and cable networks from streaming"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"article-0\">\n<section class=\"content__body\">\n<p>Warner Bros. Discovery announced the media giant will divide into two new publicly traded companies, with one consisting of its cable networks such as CNN and TNT Sports and the second consisting of its streaming and studios business, including HBO Max and Warner Bros. Television.\u00a0<\/p>\n<p>In a\u00a0<a href=\"https:\/\/www.wbd.com\/news\/warner-bros-discovery-separate-two-leading-media-companies\" target=\"_blank\" rel=\"nofollow noopener\">statement<\/a>\u00a0on Monday, the company said current Warner Bros. Discovery CEO David Zaslav will serve as president and CEO of Streaming &amp; Studios, while Gunnar Wiedenfels, chief financial officer of Warner Bros. Discovery, will lead the cable division, called Global Networks.<\/p>\n<p>The split is expected to be completed by mid-2026, the company said.<\/p>\n<p>Some Wall Street analysts questioned if Warner&#8217;s restructuring will succeed in driving growth as the media industry looks to expand its streaming audience and the viewership for broadcast programming\u00a0shrinks.\u00a0<\/p>\n<p>&#8220;The issue with the success of this split is the same one plaguing other media companies (including the separation underway at Comcast and the one considered but ultimately aborted at Disney) \u2013 the legacy networks businesses have poor top line growth prospects but relatively healthy profitability\/cash flow, which means they generate important liquidity but are likely to garner middling valuations as standalone entities,&#8221; Adam Crisafulli of investment advisory firm Vital Knowledge said in a note to clients.<\/p>\n<p><em>\u2014This is breaking news and will be updated.<\/em><\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/aimee-picchi\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Aimee  Picchi<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/warner-bros-discovery-splits-cnn-hbo-max-streaming-wbd-stock\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Warner Bros. Discovery announced the media giant will divide into two new publicly traded companies, with one consisting of its<\/p>\n","protected":false},"author":1,"featured_media":31258,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[6741,4228,7470],"class_list":["post-31257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-cnn","tag-hbo","tag-warner-bros"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Warner Bros. Discovery to split into two, separating CNN and cable networks from streaming - World News<\/title>\n<meta name=\"description\" content=\"Warner Bros. 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