Warner Bros. Discovery To Split CNN, TNT
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The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and studios business into another.
The move, which reallocates assets such as HBO Max and CNN, is the latest reflection of how streaming is remaking a media business in which Warner Brothers Discovery and other legacy players traditionally garnered considerable revenues from "bundled" cable ...
Viewers tuning in to see George Clooney star in Good Night, and Good Luck live on CNN were surprised to recognize another actor in the production.
Warner Bros. Discovery shareholders voted on Tuesday to reject the pay packages for several of the company’s executives, including CEO David Zaslav’s compensation package of more than $50 million.