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Why Warner Bros. Discovery Split HBO Max From Cable Networks

10 June 2025 at 17:03
Subscribers to the company’s flagship streaming service, Max, watch HBO content, studio movies and older Warner Bros. series — and little else.

© Stella Kalinina for The New York Times

Warner Bros. movies and TV shows proved to be more popular among streaming subscribers than Discovery’s cable fare.

Warner Bros. Discovery to Split Into Two Companies

The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and studios business into another.

© Stella Kalinina for The New York Times

Warner Bros. Discovery is splitting its cable networks and its streaming and studio business, which includes Warner Bros. Motion Picture Group, into two separate companies.
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