
-
'The Day of The Jackal' author Frederick Forsyth dies aged 86
-
Man City add Ait-Nouri to squad rebuild in time for Club World Cup
-
Raducanu stars as women's tennis makes historic return to Queen's
-
Trump ratchets up threats over Los Angeles protests
-
Frederick Forsyth: adventurer and bestselling spy novelist
-
Tensions flare up among jurors in Weinstein sex crimes retrial
-
Leaders warn race for minerals could turn seabed into 'wild west'
-
Milan grabs Dauphine stage victory and overall lead
-
Los Angeles protests simmer as Trump and state officials clash
-
Inter Milan gamble on novice Chivu after end of Inzaghi era
-
What is the high seas treaty?
-
Australia's Smith wary of South Africa pace attack in WTC final
-
England's Tuchel impatient for improvement after dire Andorra display
-
Inter Milan hire Chivu as new coach
-
Le Pen, Orban lambast EU at far-right rally in France
-
South Africa boosted by Broad chat ahead of WTC final against Australia
-
Tottenham closing in on Brentford's Frank in search for new manager
-
Warner Brothers Discovery to split into 2 companies to build streaming
-
US-China trade talks in London hang over markets
-
S.Africa wants return of apartheid-, colonial-era remains
-
TikTok says to increase investment in Britain
-
Australia's Smith fears South Africa pace attack in WTC final
-
US, China begin key trade talks in London
-
Injured Scotland prop Fagerson out of Lions tour
-
England's Tuchel refuses to 'sugarcoat' criticism after dire display against Andorra
-
Russia, Ukraine swap first prisoners in large-scale exchange
-
Monkey business delays Sri Lanka's wildlife survey
-
Defence or environment? UK faces spending choices
-
Stocks diverge awaiting China-US trade talks
-
Chivu leaves Parma ahead of Inter Milan move
-
Hitchcock heroine Novak awarded Venice lifetime achievement award
-
UK to boost 'homegrown talent' in new AI skills drive
-
Beaten Sinner extends lead on Alcaraz at top of ATP rankings
-
Strycova to replace Pala as Czech Billie Jean King Cup team captain
-
Defence or environment? London faces spending choices
-
'Tennis the winner' as Alcaraz and Sinner set for enduring rivalry
-
Don't let deep sea become 'wild west', Guterres tells world leaders
-
Chivu says goodbye to Parma ahead of Inter Milan move
-
Iran says to submit own nuclear proposal to US soon
-
Boisson jumps 296 places in WTA rankings after French Open run
-
China's exports slow as trade war takes toll
-
Tangled humpback whale sparks rescue mission off Australia
-
Malaysia bus crash kills at least 15, mostly students
-
Climate change heightens risk of Indian farmer suicides
-
Farmed production of some fish - and seaweed - is soaring
-
Bust attributed to Donatello splits Slovakia
-
Israel diverts Gaza-bound aid boat carrying Greta Thunberg
-
China exports slow as trade war takes toll
-
'Maybe Happy Ending' tops Broadway's Tony Awards
-
'Flawed' Test Championship reveals world cricket's underlying problems

Warner Brothers Discovery to split into 2 companies to build streaming
Warner Brothers Discovery announced Monday that it will split into two companies as it seeks to build up its streaming business while also maximizing value in legacy news and entertainment products.
The entertainment giant will break itself into two publicly traded companies in "Streaming & Studios" and "Global Networks." The shift, designed to enable each venture to "maximize its potential," is expected to be completed by mid-2026, the company said.
The move, which reallocates assets such as HBO Max and CNN, is the latest reflection of how streaming is remaking a media business in which Warner Brothers Discovery and other legacy players traditionally garnered considerable revenues from "bundled" cable products that many consumers are now eschewing in favor of a la carte streaming purchases.
Streaming & Studios will include the libraries of HBO and Warner Brothers, studio production facilities in California and Britain and tours and experiences. The venture will focus on growing HBO Max, now in 77 markets, said the company's press release.
Global Networks will house Discovery, as well as CNN and TNT Sports, which are known for coverage of live events. Assets in this group currently reach 1.1 billion viewers across 200 countries and territories.
Warner Brothers Discovery CEO David Zaslav will serve as chief of streaming, while Warner Brothers Discovery Chief Financial Officer Gunnar Wiedenfels will lead global networks.
"By operating as two distinct and optimized companies in the future, we are empowering these iconic brands with the sharper focus and strategic flexibility they need to compete most effectively in today's evolving media landscape," Zaslav said.
Shares of Warner Brothers Discovery surged 10.3 percent in morning trading.
P.M.Smith--AMWN