The media giant will continue to leverage the firm's solutions across linear, streaming, digital and cross-platform campaigns ...

Warner Bros. Discovery is the latest media company to shed employees from its cable TV channels, with several dozen positions jettisoned Wednesday. The layoffs, confirmed by an executive not ...

Warner Bros. Discovery owns them now — but wants to get rid of them. WBD's move follows a similar one Comcast announced a few months ago. Because while cable TV networks still make money, they ...

New York City-based Warner Bros. did not immediately respond to a request for comment. Shares of the company were up 10.7% in early trading. The company has a market value of $24.3 billion.

The TV company, meanwhile, will handle Warner’s global TV networks, as well as all digital brands (i.e. Discovery+, Bleacher Report, and CNN’s streaming products) associated with those channels.

Warner Bros Discovery announced its plan to split into two publicly traded entities as it separates its streaming and cable operations. Warner Bros Discovery announced its plan to split into two ...