In 2021, Hollywood was rocked by a big merger between Warner Bros. — owners of HBO, the DC Universe, and TCM — and Discovery, owners of HGTV the Discovery Channel, and TLC. Suddenly, you could stream Milf Manor on the same site as Zack Snyder’s Justice League and 90 Day Fiancé on the same site as The Sopranos.
It seemed like this would be a new era for both companies, but slowly the cracks started to show, especially as fully finished projects started getting canceled for tax breaks. Now, the mega-corporation is splitting back into two, but the division reveals something interesting about the ever-shifting Hollywood landscape.
