Wall Street analysts are bullish the move could pave the way for M&A and bring the industry a step closer to rationalization ...

Warner Bros. Discovery will carve off cable operations from its streaming service, creating two independent companies as the ...

Warner Brothers Discovery announced Monday that it would split into two companies as it seeks to better position itself for ...

Warner Bros. Discovery (WBD), the corporate parent of CNN and one of the largest media conglomerates in the country, plans to split its business into two separate and public companies as part of a ...

Chief Executive Mark Read-who has been at the company for more than 30 years-will retire from the board and as CEO on Dec. 31. The deal for the U.K.-listed semiconductor company comes as Qualcomm ...