The Newhouse family had been the largest shareholders of the media company, and will use the cash for estate planning and ...

Shares of Warner Bros. Discovery tumbled over 4% on Tuesday morning as the Newhouse family revealed it would sell 100 million ...

Four years ago, David Zaslav insisted that Discovery Communications together with what was then called WarnerMedia was more than the sum of its parts. They had a “formidable” lineup of global ...

Warner Bros. Discovery was created just three years ago when AT&T spun off WarnerMedia and it was merged with Discovery Communications in a $43 billion deal.

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” rises.

Warner Bros. Discovery is splitting into two separate companies — a dramatic shakeup that will create one division focused on streaming and Hollywood blockbusters and the other on cable TV and ...

Warner Bros. Discovery Inc. WBD shareholders delivered a rebuke to CEO David Zaslav‘s leadership on Tuesday, with over 59% voting against his $51.9 million compensation package for 2024 in the ...

EXCLUSIVE: Warner Bros. Discovery communications executive Jori Arancio has left to join TikTok. She will lead Global Consumer & B2B Communications for the company behind the popular short video app.

This weekend seemed like a good one for Warner Bros. Discovery. ... Zaslav had been CEO of Discovery Communications for 16 years before the merger with WarnerMedia closed in 2022.

Warner Bros. Discovery’s announced separation follows the industry’s latest M&A trend. In this case, separation is easy. Successfully shaping what comes next is the hard part.