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Current CW co-owners, Warner Bros. Discovery and Paramount Global, will each be granted a 12.5 percent ownership interest in The CW and will continue to produce original, scripted content for the network.

Warner Bros. Discovery continues shaping its European operation, recently announcing its German management team, leaded by Hannes Heyelmann, EVP and General Manager of Warner Bros. Discovery Germany, Switzerland and Austria.

Warner Bros. Discovery and Dish Network announced that Discovery+, the non-fiction real life subscription streaming service, will be available to both Sling TV and Dish TV customers.

Warner Bros. Discovery reported its second quarter of 2022 results and revealed that HBO Max, HBO and Discovery+ have a combined total of 92.1 million subscribers, up about 1.7 million from 90.4 million the prior quarter.

Warner Bros. Discovery has commissioned a slate of 149 hours of new and returning lifestyle shows in the UK that the company plans to air in both its local channels and its streaming platform discovery+.