In 2025, Warner Bros. Discovery announced plans to split into two companies: a streaming-and-studios company comprising HBO, HBO Max, Warner Bros. Television, Warner Bros. Motion Picture Group, and DC Studios; and a separate cable-focused company comprising networks such as CNN, Discovery, TNT Sports and digital products including Discovery+ and Bleacher Report, with the separation expected to be complete by mid-2026.
October 21, 2025
high
corporate_structure
Describes the planned organizational split and the assets allocated to each resulting company.