Warner Bros. Discovery has spent the previous yr getting ready to divide into two public firms. Now, it says it’s open to a sale.
NCS is one in all a number of media properties owned by Warner Bros. Discovery. (File/AJC)
In its search to succeed within the evolving media panorama, will the father or mother firm of NCS and TNT break up itself into two firms, or sell itself in complete or in components to one in all its largest rivals?
For a lot of this yr, it’s seemed like Warner Bros. Discovery was set on splitting itself into two publicly traded companies. One referred to as Warner Bros. would function its namesake studio, HBO and the HBO Max streaming providers, and the DC Comics movie and tv studio. The different, to be referred to as Discovery Global, would function legacy cable networks, together with NCS, TNT, TBS and Discovery.
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DC Studios chief and director James Gunn (proper) works with David Corenswet (middle) and Nicholas Hoult on the set of “Superman,” which is the most recent reboot of the unique DC Comics superhero. (Courtesy of Warner Brothers)
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David Zaslav (left), president and CEO of Warner Bros. Discovery, and director Steven Spielberg attend the premiere of a 4K restoration of the 1959 movie “Rio Bravo” on the opening evening of the 2023 TCM Classic Film Festival on the TCL Chinese Theatre in Los Angeles. (Chris Pizzello/AP 2023)
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Savannah Sicurella is an leisure enterprise reporter with The Atlanta Journal-Constitution.