According to Netflix's official press release on Dec. 5, Warner Bros. will separate its Discovery and other traditional cable assets into a new, publicly traded company called Discovery Global. The ...

Warner Bros. Discovery has received a second round of bids, including a mostly cash offer from Netflix, in an auction that could conclude in the coming days or weeks, a source familiar with the matter ...

This is read by an automated voice. Please report any issues or inconsistencies here. Warner Bros. Discovery reported a $148-million loss in the third quarter, missing analyst expectations as ...

A major transaction has long felt inevitable. The 2022 merger saddled the company with roughly $50 billion in debt, leaving ...