Warner Bros. Discovery plans to separate into two public companies by next year as it makes a clearer split between its streaming and cable businesses. Warner Bros.

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.

In a conference call Monday, Warner Bros. Discovery CEO David Zaslav said U.S. sports have not been a major driver for HBO Max subscriptions. Zaslav said it will be up to Gunnar Wiedenfels and his team to decide where to license TNT Sports rights in the future.