If a packed NEM crowd wanted the low-down on what the Warner Bros. Discovery split means for the international biz, it was slim pickings as WBD execs took the stage. There was, however, clarity on the rollout and programming strategy for HBO Max.

Warner Bros Discovery announced its plan to split into two publicly traded entities as it separates its streaming and cable operations.

He and Gunnar Weidenfels detail the blockbuster unbundling of WBD: Decision "reflects our belief that each company will go further and faster apart than they can together."