Warner Bros. Discovery splits into 2 separate | Gossip Wire

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Warner Bros. Discovery splits into 2 separate…

Warner Bros. Discovery is splitting into two separate firms — a dramatic shakeup that will create one division targeted on streaming and Hollywood blockbusters and the opposite on cable TV and world networks.

The company is attempting to adapt to a world where cable TV is fading fast and streaming is king.

One company — tentatively known as Global Networks — will maintain acquainted cable channels like CNN, TBS and TNT as nicely as worldwide property and the Discovery+ streaming service.

Warner Bros. Discovery CEO David Zaslav (proper) takes in the ultimate match of the French…

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