Warner Bros. Discovery announced plans to split into two companies—WBD Streaming & Studios and WBD Global Networks—by mid-2026 to sharpen focus and tackle debt from its 2022 megamerger, according to CEO David Zaslav. Oaktree Capital merged FilmRise and Shout! Studios to form Radial Entertainment, a distribution platform with roughly 70,000 film and TV titles, led…
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