Warner Bros. Discovery Drops Linear Ballast to Float HBO Max

Having trailed the move a year ago, Warner Bros Discovery (WBD) chief David Zaslav has followed through on plans to split the company in half. The company is to?separate into Streaming & Studios (HBO) and Global Networks (TNT Sports, CNN, B/R, Discovery)?by mid-2026 effectively undoing the $43 billion merger between WarnerMedia and Discovery in 2022.