Warner Bros. Discovery Announces Split into Warner Bros. and Discovery Global by 2026

Warner Bros. Discovery has announced the names of the two companies that will emerge from its planned split in mid-2026. The division housing its film studios, HBO streaming services, and gaming studios will be named Warner Bros. This new entity will encompass Warner Bros. Television, the film group, DC Studios, HBO, and HBO Max. The other division, focusing on global networks, will be named Discovery Global. This strategic move is aimed at streamlining operations and enhancing focus on core businesses.

The company has also revealed leadership appointments for the post-split entities, although specific names have not been disclosed. The decision to split the company reflects a broader trend in the entertainment industry, where companies are seeking to adapt to rapid changes and technological advancements. By separating its streaming and production assets from its traditional television networks, Warner Bros. Discovery aims to create two agile and focused entities better equipped to navigate the evolving media landscape. The split is expected to provide each company with the flexibility to pursue independent strategies tailored to their respective markets and customer bases. This restructuring is part of a broader effort to optimize the company's portfolio and drive long-term growth.

Warner Bros. will include its film assets, such as DC Studios and the HBO Max streaming service. Meanwhile, Discovery Global will encompass its entertainment, sports, and news networks, including CNN, TNT Sports, Discovery Channel, the Discovery+ streaming service, and the Bleacher Report sports news website. The company's CEO expressed optimism about the future, highlighting the significant progress made in recent years, including the launch and investment in a profitable global streaming service and the revitalization of its film and television production division, which has returned to a leading position in the industry.

The announcement of the new names brings to mind the two entities that merged to form Warner Bros. Discovery: WarnerMedia and Discovery, Inc. The merger was completed in 2022. The company has also announced the leadership teams for both divisions, with Warner Bros. having 13 executives and Discovery Global having 16. The CEO of Warner Bros. Discovery will lead Warner Bros., while the current CFO of Warner Bros. Discovery will serve as the CEO of Discovery Global. The CEO emphasized the company's strong narrative intellectual property portfolio, creative partnerships, and a leadership team composed of experienced, bold, and loyal creative and business leaders, positioning the company to launch and significantly grow, honoring its legendary past.