$32 Billion Warner Bros Discovery to Split into 2 Businesses in 2026 with 1) Warner Bros. (Streaming & Studios Division) & 2) Discovery Global (Global Networks)

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$32 Billion Warner Bros Discovery to Split into 2 Businesses in 2026 with 1) Warner Bros. (Streaming & Studios Division) & 2) Discovery Global (Global Networks)

1st August | Hong Kong

Warner Bros Discovery ($32 billion market value) to split into 2 businesses in 2026 with 1) Warner Bros. (Streaming & Studios Division) & 2) Discovery Global (Global Networks). Warner Bros Discovery owns brands including CNN, HBO, Discovery Channel, Animal Planet & Cartoon Network.   In 2025 June, Warner Bros Discovery 59% of shareholders voted against 2024 pay packages for executives including CEO David Zaslav $51.9 million pay package (2023: $49.7 million, 2022: $39.3 million, 2021: $246.6 million).  Warner Bros Discovery 2024 executives pay packages for CFO Gunnar Wiedenfels $17 million, Chief Revenue & Strategy Officer Bruce Campbell $19.8 million, Global Streaming & Games CEO & President J.B. Perrette $19.7 million and International President Gerhard Zeiler $14.8 million.  In 2024 August, Warner Bros Discovery took a $9.1 billion impairment charge on its TV cable network business after loss of NBA media rights deal (NBA Basketball) with total of $11.2 billion write-down & charges for 2024 Q2. Profile – Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world’s most differentiated and complete portfolio of content and brands across television, film and streaming. Available in more than 220 countries and territories and 50 languages, Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, Max, discovery+, CNN, DC, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, Animal Planet, Science Channel, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Pictures Animation, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others.

“ $32 Billion Warner Bros Discovery to Split into 2 Businesses in 2026 with 1) Warner Bros. (Streaming & Studios Division) & 2) Discovery Global (Global Networks) “

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$24 Billion Warner Bros Discovery 59% of Shareholders Vote Against 2024 Pay Packages for Executives Including CEO David Zaslav $51.9 Million (2023: $49.7 Million, 2022: $39.3 Million, 2021: $246.6 Million), 2024 Executives Pay Packages for CFO Gunnar Wiedenfels $17 Million, Chief Revenue & Strategy Officer Bruce Campbell $19.8 Million, Global Streaming & Games CEO & President J.B. Perrette $19.7 Million and International President Gerhard Zeiler $14.8 Million

5th June – Warner Bros Discovery ($24 billion market value) 59% of shareholders voted against 2024 pay packages for executives including CEO David Zaslav $51.9 million pay package (2023: $49.7 million, 2022: $39.3 million, 2021: $246.6 million).  Warner Bros Discovery 2024 executives pay packages for CFO Gunnar Wiedenfels $17 million, Chief Revenue & Strategy Officer Bruce Campbell $19.8 million, Global Streaming & Games CEO & President J.B. Perrette $19.7 million and International President Gerhard Zeiler $14.8 million.  Profile – Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world’s most differentiated and complete portfolio of content and brands across television, film and streaming. Available in more than 220 countries and territories and 50 languages, Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, Max, discovery+, CNN, DC, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, Animal Planet, Science Channel, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Pictures Animation, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others.

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