Warner Bros. Discovery on Thursday announced a restructuring plan to segment its business into linear and streaming units in a move that could simplify future consolidation. Shares of WBD were up roughly 15% in early trading Thursday. The company's new ...

Paramount Skydance has sharply increased the breakup fee in its proposed offer to acquire Warner Bros Discovery, lifting the amount from $2.1 billion to $5 billion, according to a Bloomberg News report citing individuals familiar with the negotiations.

MultiChoice Group says 11 television channels could be removed from the DStv platform by December 31 following the possible expiration of its distribution deal with Warner Bros. Discovery.

NEW YORK (AP) — Warner Bros. Discovery — the home of HBO, CNN and DC Studios — has signaled that it may be open to selling all or parts of its business, just months after announcing plans to split into two companies. In an announcement Tuesday, the ...

Warner Bros. Discovery is evaluating options "in light of unsolicited interest the company has received from multiple parties," the entertainment company said. Shares of Warner Bros. Discovery are up in Tuesday trading and have gained 90% for the year.