Shares of Warner Bros. Discovery (WBD) closed down 3% after initially shooting up 12% in morning trading on the news, which undoes a lot of the 2022 merger that brought the companies together in the ...

The move follows several other major television companies taking steps to spin off their declining cable channels from their streaming businesses. Last year, Comcast Corp. (CMCSA) announced that it ...

OnePay and Synchrony to Launch New Industry-Leading Credit Card Program With Walmart; Credit Card to Be Powered by Mastercard ...

David Zaslav, president and CEO of Warner Bros. Discovery ( No. 114 on the Fortune 500), will lead the streaming and studios ...

Asian shares are mostly higher as investors keep an eye on China-U.S. trade talks that might help stave off a recession. The ...

U.S. stock indexes are nearly stuck in place as the world’s two largest economies begin talks on trade that could help avoid ...

Just three years after arguing that the best way to boost the value of Discovery and Warner Media was to combine their assets, chief executive officer David Zaslav is now saying it is best to split ...

If a packed NEM crowd wanted the low-down on what the Warner Bros. Discovery split means for the international biz, it was ...

The first of these two companies is tentatively dubbed "Streaming & Studios," though it will almost certainly maintain the ...