Warner Bros. Discovery to split into two separate companies by 2026

Warner Bros. will be split back into two separate companies by summer 2026 .

CNN and HBO will no longer operate under the same parent.

David Zaslav had been CEO of Discovery Communications for 16 years before the merger with WarnerMedia closed in 2022 .

He’s given up everything from Discovery , just two years after his HBO MaxtoMax rebranding set the stage for HBO and Discovery properties to exist together online.

David Bianculli : It's clear Zaslav has nothing but contempt for the sporting world.

He says sports are now Gunnar Wiedenfels ’ problem at Global Networks , along with the cable channels and (most) of the monetary debt accrued during the 2022 merger and ZASlav ’s subsequent rule.

The future of Warner Bros. ’ film and TV biz is even less certain.