Warner Bros. Discovery to be split, as Zaslav retreats from grand ambitions

NPR
4m read
Warner Bros. Discovery chief David Zaslav, shown at a <em>New York Times</em> event in 2023, announced on Monday that the company would be split, with its streaming and Hollywood studios on one side, and its cable properties on the other. The company currently includes HBOMax, Warner Bros. movie and television studios, and CNN among its properties.

Warner Bros. Discovery is to split into two, separating streaming and studios from its cable channels. The company has been burdened by debt and the decline of cable TV.

(Image credit: Slaven Vlasic/Getty Images)

www.npr.org