Discovery Warner Bros. split into two public companies by next year

Opening Warner Bros. It is planned to be divided into two public companies until next year, announced on Monday Media Giant, the last upheaval in this area when consumers transition from cable to streaming.

Discovery Warner Bros. Distinguish on streaming and studios, which will include their movie and HBO MAX transmission properties, and global networks that will include CNN, TNT Sports and Discovery, among other businesses.

David CEO will go to this position in Streaming and Studios. The current financial director Gunnar Wiedenfels will become the CEO of Global Networks Business.

Discovery Warner Bros. He hopes to complete the split by mid -2026.

Shares Discovery Warner Bros. were stopped in extended bidding on Monday morning.

This is conducting the news. Please update updates.

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