David Zaslav is undoing the Discovery-WarnerMedia merger, as Warner Bros. Discovery can't outrun the math of the declining cable TV business.

Warner Bros. Discovery is splitting its cable networks and its streaming and studio business, which includes Warner Bros. Motion Picture Group, into two separate companies. Stella Kalinina for The ...

Warner Bros. Discovery is the latest media company to shed employees from its cable TV channels, with several dozen positions jettisoned Wednesday. The layoffs, confirmed by an executive not ...

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

Warner Bros. Discovery, grappling with declines in its overall business, said Monday it planned to divide the company into two publicly-traded entities, one devoted to streaming and content ...