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International Business Times
International Business Times
Business
Kiran Tom Sajan

Warner Bros Discovery Eyes Split Of Streaming, Studio Businesses To Improve Stock Performance

Warner Bros' shares have fallen nearly 27% this year (Credit: AFP)

Warner Bros Discovery, the media giant behind CNN and HBO, is exploring a potential separation of its digital streaming and studio businesses from its traditional TV networks in a bid to improve its stock performance, according to a report.

CEO David Zaslav is evaluating various strategic moves, including selling certain assets or creating a new entity that would include the Warner Bros movie studio and the Max streaming service, Financial Times reported Thursday.

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