Warner Bros Discovery is ditching its cable channels, just like Comcast
Written by Emily J. Thompson, Senior Investment Analyst
Source: Business Insider
Updated: Jun 09 20250mins
Warner Bros. Discovery and Comcast Split: Warner Bros. Discovery is splitting into two companies, one focusing on its movie and TV studio along with HBO Max, while the other will manage its cable networks like CNN and TNT, a move also mirrored by Comcast.
Decline of Cable TV Business: Both companies acknowledge the shrinking cable TV market as more viewers cut the cord, leading to questions about the future of their cable networks and potential interest from buyers despite ongoing profitability.
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
