Overview

• Incoming Discovery Global chief Gunnar Wiedenfels said a standalone TNT Sports streaming app is in development as U.S. sports move off HBO Max.
• The service is planned as both a direct-to-consumer product and a bundle option with Discovery+, with openness to additional distribution partners.
• Wiedenfels said Discovery Global can monetize up to its 20% stake in the Warner Bros. studios/streaming company before the split, noting early buyer discussions and a focus on valuation to support deleveraging.
• Discovery Global is slated to assume the majority of Warner Bros. Discovery’s roughly $35.6–$37+ billion in debt.
• The separation remains targeted for Q2 2026, with David Zaslav leading Studios & Streaming and Wiedenfels heading Discovery Global, which also plans a Discovery+ relaunch and expanded CNN digital offerings.