Warner
Warner Bros. Discovery is splitting its linear TV business from streaming and studios.Comcast last month also spun off its cable networks — except Bravo — into a stand-alone company.The moves illustrate a cable business in decline, with both repositioning for M&A opportunities.Warner Bros. Discovery is separating its linear television business…
Despite what many media analysts predicted, Warner Bros. Discovery hasn’t folded without the NBA.The company just negotiated a better-than-anticipated deal with cable giant Comcast.Those at WBD are thrilled to save money while maintaining their networks’ carriage fees.It looks like Warner Bros. Discovery didn’t “have to have the NBA” after all.A…
By Dawn Chmielewski and Paul Sandle (Reuters) -Warner Bros Discovery (NASDAQ:) signed a multi-year deal with Comcast (NASDAQ:) that lays the groundwork for the European launch of the Max streaming service, and resolves a dispute over a coming “Harry Potter” TV series, the companies said on Monday. Under the wide-ranging…
By Dawn Chmielewski and Harshita Mary Varghese (Reuters) – Warner Bros Discovery (NASDAQ:) CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening the door to industry consolidation, he said on Thursday. “That would provide real positive and accelerated impact on this industry that’s needed,”…
David Ellison, Larry Ellison’s son, is set to take over Paramount. Not David Zaslav, the CEO of Warner Bros. Discovery.Zaslav wanted a deal to happen. He spent months talking to Paramount about it, according to a new SEC filing.The problem, per Paramount: Zaslav didn’t want to write a big check…
Multiple outlets reported, citing unnamed sources, that a “Game of Thrones” movie is in the works.HBO previously rejected the idea of a “Game of Thrones” movie.Warner Bros. Discovery has had a rocky time at the box office this year, with some franchises underperforming. “Game of Thrones” may soon be getting…
NBA rights proved to be a hotter commodity than many expected — seemingly including WBD CEO David Zaslav. The polarizing media mogul was panned as rival NBCU stole its slate, and while the deal was expensive, analysts feared that losing the NBA would mean TV providers would pay much less…
Batman actor Michael Keaton isn’t bothered at all that Warner Bros. killed the stand-alone “Batgirl” movie as a cost-cutting effort.”No, I didn’t care one way or another. Big, fun, nice check,” Keaton said in a new interview with GQ published on Monday.The actor said that even though the “Batgirl” movie…
Remember back in 2022 when we told you that combining the company that used to be called WarnerMedia with Discovery would be a great idea?That’s basically the pitch the management of Warner Bros. Discovery is floating to investors today, via a story in the Financial Times: “A dramatic plan to…
By Blake BrittainWASHINGTON (Reuters) -The U.S. Supreme Court on Thursday ruled in favor of a Miami music producer in a legal fight with Warner Music over a song by rapper Flo Rida, finding that there is no time limit for recovering monetary damages in copyright cases that have been filed…
