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Analysts didn’t have a clear view on whether Warner Bros. Discovery would combine the two services, or offer a bundle similar to the one Disney offers for Disney+, ESPN+, and Hulu.
Now, the newly minted Warner Bros. Discovery company controls the rights to the Property Brothers, Guy Fieri, and CNN in the unscripted market, but also Game of Thrones, Batman, and Rick and Morty.
Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming.
Warner Bros. Discovery, which faces a heavy debt load, has been undergoing a major restructuring, one it expects to complete by the end of 2024.
Warner Bros. Discovery Chief Executive David Zaslav, in the run-up to the merger, touted to Wall Street that his team would find $3 billion in annual cost savings after the merger.
Warner Bros. Discovery posted disappointing first-quarter results despite growth in streaming. But the stock rose Thursday on renewed speculation that the company will spin off its slipping cable ...
Warner Bros Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish to discuss a possible merger between the two companies, according to Axios. Getty Images for The New York Times One ...
Simply put, Hollywood is worn out from what one analyst describes as the “media M&A merry-go-round” of recent years — notably AT&T and Time Warner in 2018, Disney and 21st Century Fox in ...
Along with the rebrand, Warner Bros. Discovery also announced Max would be available in three tiers -- a $9.99-a-month HD ad-supported plan, a $15.99 HD ad-free plan, and an all-new $19.99 4K ad ...
Warner Bros. Discovery (WBD -1.49%) has garnered a lot of attention after the company canceled the release of two HBO Max projects that were in the last stages of production. The first is Scoob!
“Warner Bros. Discovery will aspire to be the most innovative, exciting and fun place to tell stories in the world – that is what the company will be about,” Zaslav said in a statement.
WarnerMedia and Discovery have revealed the name that their soon-to-be-combined companies will take once they are fused together: Warner Bros. Discovery. Discovery CEO David Zaslav announced the ...
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