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Time of India
7 hours ago
- Business
- Time of India
Warner Bros. Discovery splits: Cable, streaming services to be divided; decision to be finalised by 2026
Warner Bros. Discovery, the powerhouse behind HBO, CNN, and a vast entertainment empire, has announced splitting into two separate public companies by mid-2025, carving a clear divide between its traditional cable networks and its streaming and studio divisions. The restructuring will create two distinct entities: Streaming & Studios and Global Networks. The Streaming & Studios will house Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, HBO Max, and their extensive film and television libraries. Global Networks will comprise CNN, TNT Sports in the US, Discovery Channel, a range of major free-to-air European broadcasters, and digital brands such as Discovery+ and Bleacher Report. Following the announcement on Monday, shares of Warner Bros. Discovery surged more than 9% in pre-market trading. Warner Bros. chief executive David Zaslav will be leading the Streaming & Studios company, while the firm's current chief financial officer, Gunnar Wiedenfels, will take the reins at Global Networks. Both officials will continue in their present roles until the split is finalised. 'By operating as two distinct and optimized companies in the future, we are empowering these iconic brands with the sharper focus and strategic flexibility they need to compete most effectively in today's evolving media landscape," Zaslav said in a statement, quoted by AP. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Nuova CUPRA Formentor e-HYBRID CUPRA Configura Auto Undo 'This evolution isn't a departure from our strategy — to deploy Max globally, optimize our global networks and return our Studios to industry leadership — it's about unlocking the full potential of two strong businesses,' Zaslav said in an internal memo, cited by CNN. 'Each has a distinct focus, a clear mission, and the scale to succeed on its own terms.' The decision to break up Warner Bros. Discovery comes just three years after the much-celebrated merger of Discovery and the former Time Warner. The announcement was widely anticipated, as the company has spent the past six months reshaping itself in preparation for a split. The company said the separation is expected to be completed by the middle of next year, after receiving approval from the Warner Bros. Discovery board. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
3 days ago
- Sport
- Time of India
2nd unofficial Test, Day 1: KL Rahul roars back with ton ahead of England Tests
KL Rahul (Photo by) NEW DELHI: Despite England Lions making early inroads after winning the toss and opting to bowl first on Day 1 of the second unofficial Test in Northampton on Friday, India A ended the day at 319/7 in 83 overs, riding on strong contributions from KL Rahul , Karun Nair, and Dhruv Jurel after early setbacks. The morning session belonged to England Lions pacer Chris Woakes , who struck twice to remove openers Yashasvi Jaiswal (17) and captain Abhimanyu Easwaran (11), leaving India A at 40/2. KL Rahul, returning to longer-format cricket, played a composed knock. Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW! Alongside Karun Nair, he added 86 runs for the third wicket before Nair was trapped lbw by Woakes for 40. Rahul went on to score a fluent 116 off 168 balls, laced with 15 boundaries, before falling to George Hill shortly after the team crossed the 250-run mark. Middle-order contributions from Dhruv Jurel (52) and Nitish Kumar Reddy (34) kept the scoreboard moving, but wickets fell at regular intervals in the final session. Shardul Thakur (19) was dismissed lbw by spinner Farhan Ahmed, while George Hill claimed two crucial wickets, including that of Jurel. India A ended the day on a balanced position, with Tanush Kotian (5 not out) and Anshul Kamboj (1 not out) at the crease. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Nuova CUPRA Formentor e-HYBRID CUPRA Configura Auto Undo Despite a few middle-order collapses, they posted a competitive total on a pitch offering movement early on. Gautam Gambhir sends stern message after Bengaluru tragedy Woakes was the pick of the bowlers for the hosts, finishing with 3/50, while George Hill supported well with 2/56. Brief Scores (Day 1): India A 319/7 in 83 overs (KL Rahul 116, Dhruv Jurel 52, Chris Woakes 3/50, George Hill 2/56) vs England Lions.
Time of India
01-06-2025
- Sport
- Time of India
Why Shreyas Iyer opted to bowl first in high-stakes IPL Qualifier 2 against Mumbai Indians
MI captain Hardik Pandya and PBKS skipper Shreyas Iyer at the toss. (Video grab) With a spot in the IPL 2025 final on the line, Punjab Kings skipper Shreyas Iyer made a bold call at the toss in Qualifier 2, opting to bowl first against five-time champions Mumbai Indians at the Narendra Modi Stadium in Ahmedabad on Sunday. Facing a do-or-die clash for a place in Tuesday's summit showdown against Royal Challengers Bengaluru, Shreyas explained his reasoning for putting MI in to bat first. Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW! 'We are going to bowl first. Slightly overcast and the wicket was under the covers as well,' Iyer said. 'It's a fresh game, our mindset is to go out and win. The environment is top-notch. Yuzi comes in.' Who's that IPL player? The decision aligns with the conditions in Ahmedabad, where Pitch No. 7 — known for its even pace and flat surface — was used for the all-important game. Murali Kartik and Michael Clarke, analysing the strip before the toss, predicted a run-fest, calling it a 'batter's paradise' where 200-plus totals are par. Mumbai Indians captain Hardik Pandya echoed Iyer's view, admitting he would have bowled first as well. 'We also would have bowled first. We need to bat well and assess the conditions. It has got flatter. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Nuova CUPRA Formentor e-HYBRID CUPRA Configura Auto Undo If you bowl well, you'll get some help,' said Pandya. 'We came very early morning after the last game, and most of the guys focussed on recovery. Topley comes in for Gleeson, who has a niggle.' Both captains clearly anticipated that chasing under lights might offer an advantage, especially with the venue's dew factor in mind. With Ahmedabad offering true bounce and short square boundaries (61m and 67m), the match promised high-octane entertainment. Arshdeep Singh: The Poet Who Bowls Thunder | Stories from His Father & Coach Starting XIs: Punjab Kings: Priyansh Arya, Josh Inglis (w), Shreyas Iyer (c), Nehal Wadhera, Marcus Stoinis, Shashank Singh, Azmatullah Omarzai, Kyle Jamieson, Vijaykumar Vyshak, Arshdeep Singh, Yuzvendra Chahal Mumbai Indians: Rohit Sharma, Jonny Bairstow (w), Suryakumar Yadav, Tilak Varma, Hardik Pandya (c), Naman Dhir, Mitchell Santner, Raj Bawa, Trent Boult, Jasprit Bumrah, Reece Topley
