Warner Bros. Discovery Inc. $WBD has announced plans to spin off its streaming and studio operations into a standalone, publicly traded company by mid-2026. The move aims to sharpen operational focus and respond to shifting media consumption trends, particularly the accelerating migration from linear television to digital platforms.

А significant development caught the attention of the entertainment industry: the merger between Skydance Media and Paramount Global. This multi-billion-dollar agreement has the potential to redefine the landscape of Hollywood by bringing together a traditional studio and a rising powerhouse in the streaming world.