Warner Bros. Discovery owns Warner Bros. Pictures, a major film studio, and HBO Max, a subscription streaming service.
November 21, 2025
high
organizational
Describes core content and distribution assets of Warner Bros. Discovery.
Warner Bros. Discovery owns the Warner Bros. Pictures film studio, the HBO Max streaming service, and cable channels including CNN and TBS.
November 21, 2025
high
organizational
Corporate asset holdings (snapshot as of the date reference).
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.