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Warner Bros Discovery to split TV and streaming businesses into two units

Channel News Asia LogoChannel News Asia3h ago

Warner Bros Discovery to split TV and streaming businesses into two units - Channel News Asia

Quick Summary:

:Warner Bros Discovery said on Thursday it would separate its declining cable TV business from the growing streaming and studio operations, laying the groundwork for a potential sale or spinoff of its traditional TV business as cord-cutting picks pace.

It expects to complete the rollout of the new structure by mid-2025.

Comedy Central and Nickelodeon owner Paramount Global had also earlier this year also agreed to merge with streaming-era upstart Skydance Media.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 21:42:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 242 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24377550

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 47 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 59 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

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The story "Warner Bros Discovery to split TV and streaming businesses into two units" was covered 3 hours ago by Channel News Asia, a news publisher based in Singapore.

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