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Warner Bros. Discovery to Split Into Two Companies

NYT > Business > Media · Benjamin Mullin and Lauren Hirsch · last updated
The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and studios business into another.
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The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.

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