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CNN owner Warner Bros. splits streaming and cable into different companies

By Elaine Mallon
Published
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Warner Bros. Discovery, the media conglomerate that owns HBOMax, TNT Sports, and CNN, will be splitting into two companies.

The company will be divided into one that handles streaming and studios, including HBO Max and its movie properties, and another that will be in charge of its global network company, consisting of CNN, TNT Sports, and Discovery.

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