Warner Bros. Discovery, CNN’s corporate parent ... “The center of the board still remains very much open for the taking.” Investors on Thursday seemed to cheer Zaslav’s willingness ...

(The Hill) — Media conglomerate WarnerBros. Discovery (WBD) announced a major restructuring of its business on Thursday, splitting its linear and streaming arms into two separate companies as it ...

Media conglomerate Warner Bros. Discovery (WBD) announced a major restructuring of its business Thursday, splitting its linear and streaming arms into two companies as it eyes potential mergers ...

Warner Bros. Discovery (NASDAQ:WBD) has won the rights to the French Open tennis tournament, Variety reported, citing people familiar with the matter. Shares fell 1% in afternoon trading.

Warner Bros. Discovery became the latest media giant hit by the rise of cord-cutting and streaming to announce a restructuring, with plans to split its TV business from its streaming and film studios.