As CFO of Warner Bros. Discovery, Gunnar Wiedenfels has led cost-cutting at the company. Now he's been picked as CEO of its ...

Over the past two decades, media giants have repeatedly turned to corporate breakups and restructurings as a strategic ...

The media giant is carving itself in two, separating growth from decline. For advertisers, this isn’t just restructuring.

Zaslav will lead as CEO a new so-called “Streaming & Studios” company made up of WB Television, WB Motion Picture Group, DC ...

S&P 500 traded near the benchmark's record highs as talks provide a glimmer of hope for a US-China trade deal.

Last week, Trump and Chinese President Xi Jinping spoke by phone and agreed to resolve tariff disputes. Trump acknowledged ...

As for stocks that were on the move, Warner Bros. Discovery (WBD) dropped 3% as it confirmed it will split into two companies ...

Warner Bros. Discovery will separate into two independent, publicly traded companies by mid-2026, the media giant announced ...