Warner Bros. Discovery’s U.S. Networks division has promoted Discovery Channel’s Joseph Boyle and TLC’s Alon Orstein to the networks’ heads of content. The pair previously served as the respective networks’ senior vice presidents of production and development.

The Standard General hedge fund co-founder Soo Kim has held talks over buying into Warner Bros. Discovery (WBD)’s TV networks, according to the Financial Times. Citing people briefed on the matter, the article reported that Kim had been approached by “at least one” WBD shareholder about acquiring some or all of the cable TV assets,

According to Netflix's official press release on Dec. 5, Warner Bros. will separate its Discovery and other traditional cable assets into a new, publicly traded company called Discovery Global. The separation is set to complete in Q3 2026, prior to the closing of the Warner Bros. Streaming acquisition, per NPR's reporting.

Warner Bros. has a history of disastrous mergers and acquisitions. Can they avoid another bad sequel as Netflix and Paramount battle to buy it?

While the vast majority of the focus around Hollywood will be on Netflix owning HBO, DC Studios, Harry Potter and one of the most cherished movie libraries (which one exec called like a “futuristic sci-fi movie where one place delivers all entertainment”), the deal will also essentially recreate Discovery Communications with a few more networks.

WBD says cable channel spin-off attracted buyer interest but does not include valuation WBD’s filing says its cable business, which includes CNN and Discovery, attracted buyer interest, but it did not put a valuation on the division,