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Warner Bros. Discovery to split into two companies, dividing cable and streaming services
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 it a sustained upheaval in the entertainment industry.
In the latest trading session, Discovery Communications (DISCA) closed at $26.62, marking a -0.93% move from the previous day. This move was narrower than the S&P 500's daily loss of 1.23%.
By Eriq Gardner Former Legal Editor-at-Large Discovery Communications is due to appear in court on Thursday in Maryland to argue that it has no place in a war of words on Facebook between two ...
Warner Bros. Discovery Inc. shareholders delivered a stinging rebuke to CEO David Zaslav's leadership on Tuesday.
Discovery Communications carved a lucrative niche in television with “Deadliest Catch,” “Shark Week” and other shows that portray survival in the wilds. On Monday, the cable programming ...
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 ...
Discovery Communications, which owns TLC and Animal Planet, is acquiring Scripps Networks, which owns Food Network and HGTV, in an $11.9 billion deal. "Together, we're about 20% of the viewership ...
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 ...
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