WARNER Bros Discovery, the owner of CNN and HBO, has discussed a plan to split its digital streaming and studio businesses from its legacy TV networks as it looks to boost its flailing stock price, the Financial Times reported on Thursday.
CEO David Zaslav is examining several strategic options for the company, ranging from selling assets to separating its Warner Bros movie studio and Max streaming service into a new company, the FT reported, citing people familiar with the matter.
Uh-oh! Daily quota reached.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!