WBD president and CEO David Zaslav announced the plan on Monday.
Warner Bros. Discovery has announced that it will split into two publicly traded companies. WBD president and CEO David Zaslav announced the movie, which is expected to be completed in 2026.
Under the current plan, Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max will form the Streaming & Studios company, helmed by Zaslav. Meanwhile, WBD’s linear and digital properties—including CNN, TBS, TNT, its sports media rights, Discovery, free-to-air channels across Europe, Discovery+ streaming service, and Bleacher Report—will form the Global Networks company run by WBD’s CFO Gunnar Wiedenfels.
