Warner Bros. Discovery has revealed the two new corporate entities for when the media company splits in mid-2026, but it has me worried about Discovery+.

Warner Bros. Discovery, meet Warner Bros. and Discovery. The media company has officially announced the names and senior leadership teams for after it splits itself in two, with David Zaslav’s streaming and studios business to be called Warner Bros., and Gunnar Weidenfels’ global networks business to be called Discovery Global.

Warner Bros. Discovery is no more. They are breaking up. Ryan Faughnder, Senior Editor of The Times’ Hollywood Inc. team breaks down what happened, why and how Paramount, fresh off their merger being approved,