On October 10, 1996, Turner Broadcasting System Inc. merged with Time Warner Inc., with Turner as vice chairman and head of the new cable networks division. The business mogul sold his Turner ...

The move comes after Warner Bros. Discovery took a $9 billion write-down in August to reflect the diminishing value of its basic cable channels. The other half of the enterprise will be dedicated ...

Warner Bros Discovery on Thursday decided to separate its declining cable TV businesses such as CNN from streaming and studio operations such as Max, laying the groundwork for a potential sale or ...

Warner Bros. Discovery is moving in the same direction as Comcast/NBC Universal. Today the media conglomerate announced restructuring that will create a global linear TV division separate from its ...

In an interview with Time ... Warner Bros. Discovery is open to do deals along those lines, DealBook’s Lauren Hirsch and The ...

The starting gun went off in October, when Comcast’s president, Michael Cavanagh, said the company was exploring a spinout of its cable networks ... s acquisition of Time Warner during his ...

Warner Bros Discovery decided to separate its declining cable TV business from the streaming and studio operations, laying the groundwork for a potential sale or spinoff of its TV business as ...

Warner Bros. Discovery, CNN’s corporate parent, announced Thursday it is establishing a new corporate structure that splits off its cable networks from its growing streaming business.

Warner Bros. Discovery announced a reorganization this morning that separates its limping but still lucrative cable networks from ... would provide WBD with time,” Fishman wrote.

(Reuters) -Warner Bros Discovery (NASDAQ:WBD) on Thursday decided to separate its declining cable TV businesses such as CNN from streaming and studio operations such as Max, laying the groundwork ...

Warner Bros. Discovery said Thursday that it is restructuring into two operating divisions — with one focusing on its struggling legacy cable TV business and the other on streaming and studios ...