Warner Bros Discovery (NASDAQ:WBD) No More With Post-Split Dynamics Reveal
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Basically, once the split is actually accomplished, it will leave us with two halves of the former whole. The studio and streaming business, which includes the film and TV studios, HBO, HBO Max, DC Studios, and the Turner Classic Movies cable channel, will all be part of Warner Bros. Meanwhile, the networks operations —including Cartoon Network, TNT, TBS, CNN, Food Network, HGTV, and of course, Discovery Channel, will be Discovery Global.
David Zaslav will continue to head up Warner Bros., while Warner's chief financial officer Gunnar Wiedenfels will be dispatched to helm the sinking ship that will be Discovery Global. Wiedenfels pointed out, '…our enthusiasm for the opportunities ahead only grows thanks to our leading portfolio of beloved brands and programming, our worldwide footprint for adults, kids, and families…' keeps them all going.
A New Gaming Crossover
While horror buffs eagerly await the arrival of Weapons, the new film from Zach Cregger, Warner and Sawhorse Productions are getting together to bring elements of the film to popular game Fortnite. The move will basically sink Fortnite players into the Weapons world, allowing players to collect props, encounter haunted NPCs, and '…face the mysterious 2:17 AM event.'
This is not the first time that Warner and Sawhorse worked together on a project like this; they were also seen together on Sinners: Survive the Night based on the release of Sinners. While little data was on hand for how many played that last game, it must have done reasonably well for Warner to come back to Sawhorse to make a second round.
Is WBD Stock a Good Buy?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on WBD stock based on 10 Buys and eight Holds assigned in the past three months, as indicated by the graphic below. After a 60.21% rally in its share price over the past year, the average WBD price target of $13 per share implies 5.18% downside risk.
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Warner Bros. Discovery is soon to be... Warner Bros. and Discovery Global
Warner Bros. Discovery has begun to prepare for its impending divorce. As announced back in June, each half of the soon-to-be-historic conglomerate has already claimed a CEO and division of the company. Now, those two halves, which will operate as separate, publicly traded entities, have brand new names to take with them into single life. The new company spun out of WBD's current 'Streaming & Studios' division will henceforth be known as 'Warner Bros.,' Variety reports. This is where Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, HBO Max, Warner Bros. Gaming Studios, and all of their film and TV libraries will live when the separation is complete, which is expected to occur around mid-2026. The streaming and studios company gets to keep the Warner Bros. name to honor 'the legacy of more than a century of industry-defining storytelling,' the company said in a statement. The current 'Global Networks' division will be called 'Discovery Global.' That company will cover WBD's entertainment, sports and news TV brands, including CNN, Discovery, and TNT Sports. It will also house digital platforms like Discovery+ and Bleacher Report, as well as a number of free-to-air channels across Europe. Its name was chosen 'in recognition of the affinity and value this name has around the world in entertainment, news and sports,' the company said. As previously announced, current WBD CEO David Zaslav will head up the new Warner Bros., while current CFO Gunnar Wiedenfels will take over Discovery Global. Zaslav will have to make due with a couple million less than he's making now, which makes sense considering the company's major debt issue is what got it into this mess in the first place. Regardless of any responsibility he may have had for those money troubles as CFO, Wiedenfels will receive an increased compensation package to 'reflect his expanded responsibilities' as CEO of Discovery Global. The pay cut doesn't seem to have diminished Zaslav's opinion of the company. (Well, at least not publicly.) 'We will proudly continue the more than century-long legacy of Warner Bros. through our commitment to bringing culture-defining stories, characters and entertainment to audiences around the world,' he said in a statement. 'Over the past several years, we have made important strides across the business, launching and investing in a profitable, global streaming service and reinvigorating our studios to return them again to an industry leading position. With our unmatched portfolio of storytelling IP coupled with our incredible creative partners, and now an executive team of proven, bold and committed creative and corporate leaders, we are in a strong position to launch and continue to meaningfully grow a company worthy of our storied past.' Hopefully the company's future will be a little less chaotic. More from A.V. Club The Fantastic Four: First Steps' boldest choice is a pregnant Sue Storm What's on TV this week—Chief Of War and Eyes Of Wakanda New AI streaming service Showrunner wants users to make their own TV Solve the daily Crossword
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Angelique Bates Reveals Malcolm-Jamal Warner Defended Her During On-Set Abuse Incident
Actress is speaking out with an emotional tribute to , calling him her "only true hero" in the entertainment industry following his sudden and tragic death at the age of 54. In an exclusive statement shared with The Blast, Angelique Bates opened up about the heartbreak she felt upon hearing the news, revealing that Malcolm-Jamal Warner's kindness and courage had a profound impact on her life during a dark moment in her childhood acting career. Angelique Bates Mourns Malcolm-Jamal Warner "I haven't felt this kind of heartbreak in a long time," she began. "This morning, I woke up to the devastating news that I've lost the only true hero I've ever had in this twisted industry. I still can't believe I'm even writing these words. Malcolm-Jamal Warner's name is the very last one I ever imagined hearing in this context." She went on to call Warner "one of the most genuine, real, and protective 'industry big brothers'" she has ever known. "Speaking about him in the past tense is absolutely gut-wrenching." As The Blast reported, Warner tragically lost his life after drowning during a family vacation in Costa Rica. Bates Recalls How Warner Protected Her During 'All That' Incident Bates went on to recall an incident from her time on "All That" that has been the subject of public speculation for years. She confirmed that during a specific episode, one that involved her being spat on with milk and publicly humiliated, Warner, who was directing the episode, was the only person who stepped in to defend her. "Over the years, I've spoken honestly, both the good and the bad, about my time as a child on 'All That.' One specific incident that people have repeatedly asked me about involved milk being spat on me, twice, including directly in my face, and me being publicly yelled at while the cameras and microphones were rolling," she recalled. "It was loud, humiliating, and broadcast throughout the studio. All of it happened simply because I stood up for myself." "The director of that episode, the only person in that room who stood up for me, was Malcolm-Jamal Warner," she revealed. "Until now, I've intentionally kept his name private out of respect. I didn't want the media or anyone else to target him or disturb the peace he lived with so intentionally." "Malcolm didn't just direct that episode, he changed the outcome of that day for me," the former child star continued. "He saw what was happening and immediately stepped in, without hesitation. Aside from my mother, he was the only person who defended me. If it weren't for Malcolm, the attack would have continued. And it was because of Malcolm that the producer responsible was eventually made to apologize, after he made sure the audio and footage couldn't be ignored, even by another producer who remained quiet." Angelique Bates Praises Malcolm-Jamal Warner's Integrity On Set Bates explained that it was Warner's actions that forced the production team to acknowledge the incident, leading to an eventual apology from the individual responsible. "Not one other soul defended me in that moment. And to this day, only one of the people involved, a cast member, has publicly acknowledged what happened," Bates said. "That's who he was: someone who didn't just claim to stand for what's right, he acted on it." Bates Says Warner Lived A 'Quiet, Honorable Life' While she had previously kept his identity private out of respect for Warner's quiet and honorable life, Bates said she now felt it was time to share just how deeply he had impacted her publicly. "Malcolm lived a quiet, honorable life that reflected his beautiful character," she said. "He was exactly who he appeared to be; kind, grounded, protective, and true. We come from an era that is slowly fading, and Malcolm embodied the very best of it." Angelique Bates Recalls Last Moment With Malcolm-Jamal Warner The former "All That" star also shared a personal memory from the last time she saw Warner at the "Underground" wrap party. "I'm grateful I always gave him his flowers, whether through our conversations online or the last time I saw him, at the 'Underground' wrap party," she said. "He was glowing as he shared that his wife was expecting their daughter. I hugged him and, as I always did, thanked him for what he did for me. Because he truly saved me, in a moment when he could've turned a blind eye, like everyone else did." In closing, Bates extended her heartfelt condolences to Warner's loved ones and to fans who had grown up watching him on television. "Malcolm-Jamal Warner will always be my hero. I wish I could hug him just one more time. I wish I could tell him again how much his presence, his courage, and his decency meant to me," she told The Blast. "My heart aches for Malcolm's wife, daughter, family, friends, and all those who truly knew and loved him. Thank you to his mother and father for sharing such an amazing gift with the world. Even if you never had the honor of knowing Malcolm personally, you could still feel his goodness and light." She concluded, "This is a deep and painful loss for all of us."
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Malcolm-Jamal Warner Spent His Final Moments Swimming With His Daughter Before Tragically Drowning
Heartbreaking new details are emerging surrounding the death of "Cosby Show" actor Malcolm-Jamal Warner, who drowned in Costa Rica in July 2025. Malcolm-Jamal Warner Was Swimming With His Young Daughter Before Drowning In Costa Rica According to ABC News, police told the publication that Warner, who starred in "The Cosby Show" from 1984 to 1992, was swimming with his daughter, 8, in Costa Rica when he suddenly drowned. The report further states that surfers in the area spotted Warner and his daughter in distress in the water and rushed in to offer aid. The surfers reportedly brought both Warner and his daughter to shore, where the actor, who was 54, received 45 minutes of CPR. A spokesperson from the Forensic Pathology Department later confirmed through an autopsy that Warner's cause of death was "asphyxiation by submersion," ruling it accidental. Malcolm-Jamal Warner Kept His Daughter And Wife Out Of The Spotlight The new report regarding Warner's final moments with his daughter is particularly poignant because the actor, who also went on to win a Grammy for spoken word poetry, tried his hardest to keep his immediate family out of the spotlight. During a previous appearance on the "Hot & Bothered" podcast, Warner opened up about not initially wanting to get married or have children; however, a date with his wife changed his perspective. "At some point, I was like, if I'm going to have a kid, this is the person that I would want to have it with," Warner said. "I also realized that if something happened and we weren't together romantically, she would still be the person I would want to raise a child with, co-parent with." Warner also discussed his desire to keep their identities private, saying, "I talk about my wife and daughter, but obviously I don't post them." He continued, "I talk about them because they are obviously the hugest parts of my life, the best parts of my life, the best decisions I've ever made, but I also like to keep them and their identity private." Fans Are Heartbroken Over Malcolm-Jamal Warner's Sudden Passing Warner's sudden passing has left fans struggling to come to terms with the news, resulting in an outpouring of tribute posts across the internet. One commenter wrote on X, the social media platform formerly known as Twitter, "I cannot even believe this. I am over here SOBBING." Someone else wrote, "I think what hurts most about Malcolm-Jamal Warner is that he was a GOOD person. A good human being. You never heard anything negative about him." Another user shared an emotional post, calling Warner a "gentle giant." They added, "Today, we lost a gentle giant. A man who won our hearts not by force, but by quiet grace. From the very beginning, Malcolm-Jamal Warner reminded us that being calm, classy, sophisticated, and soulful could carry you far in life." Celebrities Share Their Emotional Reactions To The Unfortunate News And Warner's fans aren't the only ones finding the news difficult. Several of Warner's co-stars, such as Raven-Symoné, who joined the cast of "The Cosby Show" in 1989, have also shared their heartfelt tributes. In the video, Symoné, 39, can be heard sharing an emotional message about Warner over a black screen that featured the words, "I love you." "Words cannot describe the pain and the sadness and surprise that I feel with the recent loss of MJW," Symoné said. "He was the big brother, he was a beacon, he was one of the most multifaceted, talented men. So gentle, and my heart and soul and hugs, and kisses go out to his daughter and his wife, and his mother." "He gave the best advice, he gave the best hugs, and his smile will always be a huge, bright f-cking white smile in my head forever," Symoné continued. "I love you, and I know you're watching over all of us now. Bye, Malcolm." Warner's "Malcolm & Eddie" co-star, Eddie Griffin, shared a similar message in his Instagram Stories, writing, "My Big little brother." Other Celebs Join In Bill Cosby also released a message about Warner's passing through his representative, comparing the loss to the death of his own son, Ennis Cosby, who was killed in California in 1997. "This reminds me of the call I got when I was taping 'The Cosby Show' and I got a call saying that my son, Ennis, had been murdered," Cosby's rep shared. "It's just devastating."
