Warner Bros. Discovery (WBD) to Separate into Two Leading Media Companies

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Warner Bros. Discovery to Separate into Two Leading Media Companies

June 9, 2025 7:00 AM EDT

Enhanced Strategic Focus and Flexibility Will Better Position Storied Brands Across Entertainment, Sports and News to Drive Shareholder Value

NEW YORK, June 9, 2025 /PRNewswire/ -- Warner Bros. Discovery (NASDAQ: WBD) (the "Company," "WBD," "we," "us," "our") today announced plans to separate the company, in a tax-free transaction, into two publicly traded companies, enabling each to... More