Warner Bros. Discovery to Split CNN, TNT from HBO Max and Studios

Warner Bros. Discovery, the parent company of HBO Max, CNN and TNT, announced Monday it would split into two companies by the middle of next year, the latest move by a major media conglomerate to reckon with a fracturing audience landscape.

The split will see one company house Warner’s studios and streaming units, which include HBO Max, the DC Comics universe, and film production and distribution.

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