“By operating as two distinct and optimized companies in the future, we are empowering these iconic brands with the sharper focus and strategic flexibility they need to compete most effectively in today’s evolving media landscape," Zaslav said in a statement.
Warner Bros. Discovery to split into 2 companies, dividing cable and streaming services
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“The powerful growth we have seen in our global streaming service is built around the quality of our programming,” said David Zaslav, president and CEO of Warner Bros.
HBO returns: Max streaming service is reviving the name it discarded two years ago
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