A still from director Joseph Kosinski's "F1: The Movie." (Courtesy Warner Bros. Pictures/Apple Original Films) “You’d think it’s the ‘90s again out there,” shouts an announcer about ...

Warner’s planned corporate split would prohibit its bondholders from signing cooperation agreements, or co-ops, in which they pledge not to extend new financing unless the entire group agrees.

Warner Bros. Discovery Inc. was downgraded to junk by Moody’s Ratings, cementing the media giant as a fallen angel just years after it sold one of the biggest high-grade bond deals on record.

Warner Bros. Discovery on Monday announced a plan to separate into two independent public companies. The move creates a streaming giant and a separate company for its global networks.

Now Warner Bros. Discovery is betting that two different types of business models — streaming and network television — will be better positioned for growth as distinct companies.

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

Warner Bros. Discovery will split into two companies by next year, with much of its streaming and movie production moving under one company and its live sports and news to another, according to ...

Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming service and Warner Bros. studio, and the other around CNN and other ...

Warner Bros. Discovery Inc. is splitting its streaming and film businesses from its traditional TV units, largely unwinding a three-year-old merger that tethered faster growing online operations ...

Warner Bros. Discovery, which also owns CNN, Food Network, DC Studios and Warner Bros. Gaming, is splitting up into two separate public companies.

Update: additional details on DoJ involvement, clarified details on "big five" The Warner Brothers legacy started off with a $1,000 projector when Sam Warner saw the potential of motion pictures ...