This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Discovery Communications logo atop its headquarters in Silver Spring, Md, July 31, 2017. Credit: AP Photo/Manuel Balce Ceneta, File Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people "cutting the cord" brings with it a sustained upheav ...

Media & entertainment stock Warner Bros Discovery Inc (NASDAQ:WBD) was last seen up 10.1% at $10.81, after the company announced it will split into two publicly traded companies by next year. CEO David Zaslav will head the streaming and studios company, which will contain HBO Max, while CFO Gunnar Wiedenfels will become CEO of the global networks business, which includes CNN, TNT Sports, and Discovery.Today's pop has Warner Bros stock breaking above recent pressure at $10, trading at its highest level since ...

As cable television continues to experience stagnation, with the trend of cord-cutting growing stronger each year, Warner Bros. Discovery (WBD) is adapting to the evolving media landscape by separating its streaming and cable operations. This landmark decision aims to maximize the potential of both businesses, according to WBD. The company announced Monday its plan to split into two publicly traded entities: The Streaming & Studios division, which will include Warner Bros. Television, Motion Picture Group, ...

Warner Bros. Discovery (WBD) Update / Briefing June 09, 2025 08:30 AM ET Speaker0 Ladies and gentlemen, welcome to the Warner Bros. Discovery Investor Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Additionally, please be advised that today's conference call is being recorded. I would now like to hand the conference over to Mr. Andrew Slabin, Executive Vice President, Global Investor Strategy. Sir, you may begin. ...

公司重组 - 华纳兄弟探索公司宣布分拆为两家独立公司 一家专注于流媒体和好莱坞大片(暂定名Streaming & Studios) 另一家专注于有线电视和全球网络(暂定名Global Networks) [1][2] - Streaming & Studios将包含HBO Max 华纳兄弟电影制片厂及电视制作部门 Global Networks将拥有CNN TBS TNT等有线频道 Discovery+流媒体服务及国际资产 [1][2] - 分拆旨在让两家公司更专注于各自优势领域 管理层认为独立估值将高于合并实体 [2][15] 行业背景 - 传统有线电视用户快速流失 转向Netflix 亚马逊Prime Video和Disney+等流媒体平台 [4] - 2025年第一季度华纳有线电视网络收入同比下降6% 但仍为公司最大收入来源 [8] - 行业趋势促使康卡斯特也计划在年底前分拆有线网络业务成立新公司Versant [7] 财务与债务 - 公司总负债约340亿美元 大部分源自2022年合并交易 其中主要债务将留在Global Networks [13] - 为分拆安排175亿美元短期贷款 新公司将通过发行债务共同偿还 [14] - Global Networks计划利用其持有的Streaming & Studios 20%股权收益逐步偿还债务 [14] 管理层变动 - 现任CEO David Zaslav将领导Streaming & Studios业务 CFO Gunnar Wiedenfels将出任Global Networks CEO [11] - Zaslav近期面临压力 公司股价自合并以来下跌近60% 59%股东反对其2024年5190万美元薪酬方案 [11][12] 战略考量 - 此次分拆实质逆转了2022年华纳媒体与Discovery的合并 当时旨在打造横跨电影与真人秀的内容巨头 [3][11] - 信用评级机构标普全球将公司债务下调至"垃圾级" 主要担忧有线电视业务衰退 [13] - 管理层表示分拆有助于业务增长 并为新交易或收购创造空间 [15]

Warner Bros Discovery will split into two public companies by next year, calving off its cable operations from its streaming service.Warner Bros Discovery said on Monday that Streaming & Studios will include Warner Bros Television, Warner Bros Motion Picture Group, DC Studios, HBO and HBO Max, as well as their film and television libraries.The Global Networks company will include CNN, TNT Sports in the US, and Discovery, top free-to-air channels across Europe, and digital products such as the Discovery+ str ...

市场消息：华纳兄弟探索公司(WBD.O)将拆分为两家领先的媒体公司。 ...

华纳兄弟探索公司将分拆为两家媒体公司。 ...

Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming.Warner Bros. Discovery will separate into Streaming and Studios, which will include its movie properties and streaming service HBO Max, and Global Networks, which will include CNN, TNT Sports and Discovery, among other businesses.CEO David Zaslav will take on that post in the Streaming and Studios company. Current ...

NEW YORK, June 9, 2025 /PRNewswire/ -- Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("Warner Bros. Discovery," "WBD," the "Company," "we," "our" or "us") today announced that, its wholly-owned subsidiaries, Discovery Communications, LLC ("DCL"), WarnerMedia, LLC ("WML"), WarnerMedia Holdings, Inc. ("WMH") and Historic TW Inc. ("TWI") (each, an "Issuer" and together, the "Issuers"), have commenced offers to purchase (each an "Offer" and, collectively, the "Offers") substantially all of their outstanding notes ...