Warner Bros. Discovery’s announced separation follows the industry’s latest M&A trend. In this case, separation is easy.

One company — tentatively called Global Networks — will hold familiar cable channels like CNN, TBS and TNT as well as Discovery+ streaming service.

NEW YORK (AP) — Warner Bros. Discovery will split into two public companies by next year, calving off cable operations from its streaming service as the number of people “cutting the cord” brings with ...

Coupled with the HBO Max reversion that occurred just last month, the redivision of WBD might be yet another obvious ...

Cable networks powerhouse Discovery Communications has won the auction for the Scandinavian assets of German TV giant ProSiebenSat.1 in a deal that values the business at $1.7 billion (€1.33 ...

The chief executive of CNN’s parent company, Warner Bros. Discovery, David Zaslav, is expected to get hit with a major pay ...

Discovery Communications Inc. and toy giant Hasbro Inc. are ending their equal partnership in the Hub, a cable network that hoped to become a force in children's television but made little headway ...

Discovery Communications’ second quarter profit fell 25 percent from 2014, despite the network of networks seeing a slight sales uptick overall. The TV media company couldn’t hit the marks ...

Discovery Communications Inc. has agreed to buy Scripps Networks Interactive Inc. for $11.9 billion, a bet that a larger footprint in lifestyle programming will help it weather cable-TV upheaval.

Cable network juggernaut Discovery Communications finally will become a fully public company with increased control over its strategic direction in a deal unveiled Thursday by its current ...