“By operating as two distinct and optimized companies in the future, we are empowering these iconic brands with the sharper focus and strategic flexibility they need to compete most effectively in to...

Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people “cutting the cord” brings with it a sustained upheaval in ...

Liberated as a focused company, Warner’s streaming and studio business promises to fetch a higher stock-market valuation as it attracts investors otherwise deterred by the current company’s ties to o...