<h1>Warner Bros. Discovery to Divide into Streaming Studios and Global Networks Businesses for Strategic Optimization</h1> Warner Bros. Discovery plans to split into two separate public companies by mid-next year. One entity will focus on streaming and studios, including Warner Bros. Television, DC Studios, HBO, and film libraries. The other will encompass global networks like CNN, TNT Sports, Discovery channels, and digital platforms. Current leadership will head respective divisions, with the separation aimed at optimizing business operations and strategic focus.