Warner Bros. Discovery to split
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The first of these two companies is tentatively dubbed "Streaming & Studios," though it will almost certainly maintain the Warner Bros. name. This company will comprise Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO and the streaming service HBO Max, along with these brands' existing film and television libraries.
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Besides cutting HBO Family, WBD also plans to cease operations on the Cinemax multiplex channels ThrillerMax, MovieMax and OuterMax. Details of the pare down was first reported this week by Cord Cutters News,