Warner Bros. Discovery
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S&P Lowers Warner Bros. Discovery Outlook to Negative, Citing Linear TV Decline and Studio Weakness
In the second quarter of 2024, WBD reported a net loss of $10 billion, compared to a loss of $1.24 billion a year ago
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Channing Dungey to Lead Warner Bros. Discovery US Networks as Kathleen Finch Sets Retirement
Finch will step down at the end of the year, at which point the Warner Bros. Television Group chairman and CEO will take over
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What’s the Path for Warner Bros. Discovery After Dismal Earnings, Sunk Stock Price and Shrinking Options? | Analysis
Warner stock has sunk by 70% since its April 2022 merger with Discovery, and Wall Street is calling on the David Zaslav-led media giant to explore strategic alternatives, such as asset sales
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Fubo Says It Could Be Pushed to Insolvency With Venu Sports Launch as Preliminary Injunction Trial Comes to a Close
Disney, Fox and WBD argue that Fubo’s “precarious financial condition” has nothing to do with Venu and predates the joint venture
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Warner Bros. Discovery Stock Dips 4.5%, Continuing Q2 Earnings Fallout
The conglomerate’s stock is down 42% year-to-date as Wall Street responds to that $9.1 billion write-down
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Cartoon Network Website Shuts Down, Visitors Redirected to Max
The move comes after Warner Bros. Discovery recently told subscribers it was sunsetting its Boomerang subscription service
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Warner Bros. Discovery Stock Plunges Over 11% After Taking $9.1 Billion Impairment Charge on Linear TV Networks
The stock briefly hit a 52-week low of $6.73 per share following its earnings results for the second quarter of 2024
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Warner Bros. Discovery Q2 Net Loss Widens to $9.99 Billion as Company Records $11.2 Billion in Impairment, Restructuring Charges
The media giant topped 103 million direct-to-consumer subscribers, but the DTC segment posted a $107 million loss for the quarter
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Charles Barkley Cancels Retirement, Commits to TNT Sports for ‘Years to Come’
The move comes as Warner Bros. Discovery was left on the sidelines of the NBA’s latest round of media rights negotiations
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Warner Bros. Discovery Looks to Pursue Smaller Asset Sales After Mulling Possible Break-Up | Report
The media giant reportedly determined a split of streaming and studio businesses from linear could create “operational challenges”
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Venu Sports Sets Launch Price of $42.99 Per Month
Fox, Disney and Warner Bros. Discovery’s joint sports streaming venture is slated to launch this fall
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Warner Bros. Discovery Sues Over NBA’s ‘Unjustified’ Rejection of Matching Rights Proposal
A league spokesperson says WBD’s claims are “without merit” and that their lawyers will address them
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Charles Barkley Laments Warner Bros. Discovery’s NBA Loss: ‘Not Sure TNT Ever Had a Chance’
“It’s a sad day when owners and commissioners choose money over the fans,” the ‘Inside the NBA’ analyst added
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Barry Diller Says IAC Bid for Paramount Is Over
“It is unwise to get in an auction with someone who has a pretty much unlimited balance sheet,” the executive says of the Ellison family
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Warner Bros. Discovery Stock Plunges Over 6% on NBA TV Rights Loss
Macquarie Research, which downgraded the stock Thursday, argued that while WBD intends to litigate the decision, it’s “hard to see an amicable endgame”