The new deals will hinge on the media giant carrying through with plans to split into Warner Bros. and Discovery Global, with new leadership teams.

Warner Bros. Discovery entered into new employment contracts for two senior execs, JB Perrette and Bruce Campbell, that extend through 2029 and 2030, respectively. The new deals, disclosed Thursday, ...

When ESPN launches its direct-to-consumer service (likely next month), for the first time ever, Americans will be able to consume all major sports without having to subscribe to cable.

Despite a string of big hits, Warner Bros. Discovery's film division will lay off 10 percent of staff amid WBD's planned split into two companies.