©Courtesy of Warner Brothers Discovery Warner Bros. Discovery has announced that it will be splitting into two public companies next year, separating its cable operations from its streaming services. The new companies will be known as Streaming & Studios and Global Linear Networks when the restructuring is completed in the middle of 2026. In announcing…
Disney CEO Bob Iger has confirmed that the company will begin its first of three rounds of layoffs this week. The media conglomerate is looking to reduce its workforce by approximately 7,000 employees, Deadline is reporting. The executive sent a memo to Disney’s employees today, in which he confirmed that the company is moving forward…
According to a just-released Bloomberg report, Comcast is planning to orchestrate some major changes in the way it makes films available to its Peacock streaming service. The media giant allegedly wants to remove NBCUniversal films from Netflix, HBOMax and similar platforms to keep them in the Peacock feather nest instead of providing access to other…
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