Warner Bros. Discovery to split into two companies: streaming and cable network separation

Warner Bros. Discovery is set to split into two separate companies, aiming to separate its streaming services from its cable networks. The split, which will be structured as a tax-free transaction, is expected to be completed by mid-2026. This move reflects a trend in the entertainment industry where streaming services are being separated from traditional cable networks to adapt to the changing landscape of how audiences consume content. Stay tuned for more updates on this developing story.