Warner Bros Discovery Breakup Plan: CNN & HBO Changes
- Discovery is set to divide into two distinct public companies by next year, separating its cable operations from its streaming service.
- The company revealed that the Streaming & Studios division will encompass Warner Bros.
- Conversely,the Global Networks company will feature CNN,TNT Sports in the U.S., Discovery, leading free-to-air channels across Europe, and digital platforms like Discovery+ and Bleacher Report.
Warner Bros. discovery plans a significant strategic shift: splitting into two separate companies. This bold move, revealed in the article, is designed to sharpen focus on content creation adn distribution, while also increasing global delivery of news and sports. The Streaming & Studios division will feature HBO, Warner Bros. Television, and their extensive libraries. Simultaneously, the Global Networks company will house CNN and TNT Sports, targeting international audiences. david Zaslav and Gunnar Wiedenfels will lead these new entities. News Directory 3 brings you this exclusive breakdown of the media giant’s restructuring and the future of its services. Discover what’s next for this evolving landscape.
Warner Bros. Discovery to split into Two Companies
Updated June 09, 2025
Warner Bros. Discovery is set to divide into two distinct public companies by next year, separating its cable operations from its streaming service. The declaration led to a jump of more than 9% in shares before the market opened.
The company revealed that the Streaming & Studios division will encompass Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, along with their extensive film and television libraries.This move aims to sharpen the focus on content creation and distribution.
Conversely,the Global Networks company will feature CNN,TNT Sports in the U.S., Discovery, leading free-to-air channels across Europe, and digital platforms like Discovery+ and Bleacher Report. This division will concentrate on delivering news and sports content to a global audience.
David Zaslav, currently CEO of Warner Bros. Discovery,will take the helm of Streaming & Studios. Gunnar Wiedenfels, the company’s chief financial officer, will become CEO of Global Networks. Both executives will maintain their current positions until the separation is complete.
“By operating as two distinct and optimized companies in the future, we are empowering these iconic brands with the sharper focus and strategic adaptability they need to compete most effectively in today’s evolving media landscape,” Zaslav said.
The company split is anticipated to be finalized by mid-2026, pending approval from the Warner bros. Discovery board. The restructuring reflects an industry-wide shift towards specialized business units designed to maximize efficiency and market competitiveness.
What’s next
Following board approval, warner Bros. Discovery will begin the complex process of separating its assets and operations, paving the way for two independent companies to navigate the evolving media landscape with greater agility.