The studio and cable conglomerate that David Zaslav created couldn’t overcome outside forces and massive debt.

J.M. Smucker is struggling with coffee inflation and shoppers’ weak appetite for snacks. The maker of Folgers coffee, Jif ...

Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming ...

Subscribers to the company’s flagship streaming service, Max, watch HBO content, studio movies and older Warner Bros. series ...

The split comes three years after Warner Bros. and Discovery merged in a bid to capture more of the highly competitive ...

Warner Bros. Discovery said it will separate its media businesses into two new companies, with cable in one and streaming and ...

The entertainment company is contending with a hefty debt load and a sagging stock price.

NEW YORK — Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent ...

Credit ratings agency Fitch Ratings on Wednesday downgraded Warner Bros Discovery to junk status following the company's ...

Warner Bros. Discovery, the media conglomerate that owns HBOMax, TNT Sports, and CNN, will be splitting into two companies.

Large conglomerates attempt to be every kind of entertainment company at once, but then struggle to do much of it ...