More pressing for investors is the need to reconcile Newsmax's lofty valuation. With a current $1.7 billion market ...

A recent round of layoffs at Paramount has affected 3.5% of the company’s US teams, with more cuts still on the table in the ...

NBCUniversal and Warner Bros. Discovery are racing to offload their ailing linear TV channels. But just one of the new ...

Warner Bros. Discovery Inc.'s plan to spin off television channels like CNN, TNT and Food Network from its studio and streaming businesses is causing angst in the bond market, with a big selloff ...

Four years ago, David Zaslav clinched a debt-heavy deal to merge cable mainstay Discovery Inc. — which he’d run since 2006 — ...

Iger emphasized the continued value of the broadcast and cable channels, citing revenue from advertising and subscriber fees.

WBD on Monday confirmed plans to spin off the company's cable networks unit from its streaming and studios business.

Tony Awards celebrated a record-grossing Broadway season with 'Maybe Happy Ending' winning best musical. Darren Criss secured ...

Warner Bros. Discovery is restructuring, creating separate entities for its streaming and cable operations to better align with media consumption trends and to strengthen each division's focus.

Warner Bros. Discovery will split into two companies by next year, with much of its streaming and movie production moving ...

Warner Bros Discovery splits into two companies, separating streaming from cable networks. Atlanta's media hub faces ...

Subscribers to the company’s flagship streaming service, Max, watch HBO content, studio movies and older Warner Bros. series ...