SitcomsOnline.com News Blog

Warner Bros. Discovery Separates Company; Peacock's Jennifer Garner Series Adds to Cast

Warner Bros. Discovery announced plans to separate the company, in a tax-free transaction, into two publicly traded companies, enabling each to maximize its potential. The Streaming & Studios company will consist of Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, as well as their legendary film and television libraries. Global Networks will include premier entertainment, sports and news television brands around the world including CNN, TNT Sports in the U.S., and Discovery, top free-to-air channels across Europe, and digital products such as the profitable Discovery+ streaming service and Bleacher Report (B/R). Building on the achievements realized over the past three years, the planned separation will unlock value for shareholders as well as create opportunities for both new businesses to thrive by:

Equipping each to be faster and more aggressive in pursuing opportunities that strengthen their competitive positions.
Forming world-class management teams focused on creating greater strategic flexibility and focus so that each business can invest in and pursue its operational and financial goals.
Enabling each company to be more agile and attract a shareholder base aligned with its growth prospects and financial profiles.

Chloë Sevigny (Monsters: The Lyle and Erik Menendez Story, Big Love) has joined as a series regular in Peacock's upcoming drama series The Five-Star Weekend. She joins star, executive producer, Golden Globe-winning and Emmy Award-nominated actress Jennifer Garner (The Last Thing He Told Me, Yes Day, Alias, Daredevil) and Regina Hall (One Battle After Another, Girls Trip).

Hollis Shaw (Jennifer Garner), a famed food influencer known for her delicious recipes, impeccable taste and warm demeanor suffers a devastating loss. Unable to move forward, the death starts to expose the cracks in Hollis's picture-perfect life - her strained marriage, her complicated relationship with her daughter and her growing pursuit of validation from her followers. In an effort to overcome grief and find herself again, Hollis gets the idea to host a weekend away at her house on Nantucket with three friends from different stages in her life: her childhood, her 20's, 30's and one surprise fifth star. Set against a luxurious and coastal backdrop, they will mature in ways they could never imagine as boundaries are pushed and secrets are exposed.

Posted by Pavan -- SitcomsOnline.com at 12:00 PM

Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest

Labels: Discovery Channel, HBO, HBO Max, Peacock, TNT, Warner Bros