HBO and CNN owner Warner Bros. Discovery to split in 2
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If a packed NEM crowd wanted the low-down on what the Warner Bros. Discovery split means for the international biz, it was slim pickings as WBD execs took the stage. There was, however, clarity on the rollout and programming strategy for HBO Max.
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Warner Bros. Discovery has announced that HBO Max will continue its global rollout, with new markets including Iceland and Estonia.
He and Gunnar Weidenfels detail the blockbuster unbundling of WBD: Decision "reflects our belief that each company will go further and faster apart than they can together."
Warner Bros. Discovery will split into two companies by next year, with much of its streaming and movie production moving under one company and its live sports and news to another, according to the Washington Post .