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Warner Bros. Discovery splits streaming from cable TV

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Warner Bros Discovery splits streaming from cable TV in latest media shakeup
By Dawn Chmielewski, Aditya Soni and Jaspreet Singh LOS ANGELES (Reuters) -Warner Bros Discovery said it would split into two publicly traded companies, separating its studios and streaming business from its fading cable television networks as the parent of HBO and CNN looks to compete better in the streaming era.

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Warner Bros. Discovery announces major corporate restructuring to separate streaming from cable
HBO and CNN owner to split streaming and cable businesses
Warner Bros. Discovery to split into two companies, dividing cable and streaming services
Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people “cutting the cord” brings with it a sustained upheaval in ...

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Warner Bros. Discovery’s rapid split shows how much the cable TV business is struggling
Warner Bros. Split Puts Bondholders in a Bind
Warner Bros. Discovery will split into two media giants
The company points out that the newly minted entities would each produce healthy free cash flow and intends for each to be listed as publicly traded companies.

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Warner Bros. Discovery to split CNN, TNT from HBO streaming service and studios
Stock Movers: Warner Brothers Discovery, Qualcomm, Starbucks
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