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flag Warner Bros. Discovery plans to split into Streaming & Studios and Global Networks by mid-2023.

flag Warner Bros. flag Discovery plans to split into two companies by mid-2023: Streaming & Studios, led by CEO David Zaslav, will include HBO, HBO Max, and Warner Bros. studios; Global Networks, led by CFO Gunnar Wiedenfels, will encompass CNN, TNT Sports, and Discovery. flag This move aims to provide each business with a sharper focus in the evolving media landscape. flag The split requires final board approval.

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