Warner Bros. Discovery
-
WBD Sets New Global Division for Experiences, Parks, Exhibitions and More in Restructuring
The new division will be charged with strategically expanding the company’s experiences
-
Warner Bros. Discovery Will Be ‘Rational’ in Decision-Making Around Strategic Options, CFO Says
The media giant’s stock is down more than 73% in the past five years, hovering around $7 per share
-
Warner Bros. Discovery Taps Shauna Spenley as Global Chief Marketing Officer for Direct-to-Consumer Division
The Riot Games executive will replace Patrizio “Pato” Spagnoletto, who is exiting the company later this year
-
NBA Files Motion to Dismiss WBD Matching Rights Lawsuit
The media giant is suing after the league rejected its proposal to match Amazon’s $1.8 billion per year package of games
-
WBD Ramps Up TNT Investment With ‘The Librarians: The Next Chapter,’ CIA Miniseries
The moves come as the media giant took a $9.1 billion write-down on its linear business
-
Hollywood Finally Admitted Cable TV Is Dying: What Happens Next? | Analysis
As Paramount, Warner Bros. Discovery and more face the reality of linear’s demise, the final chapter kicks off with a cable provider standoff
Available to WrapPRO members
TV
Available to WrapPRO members
-
Disney, Fox and Warner Bros Discovery File to Appeal Venu Sports Antitrust Injunction
U.S. District Judge Margaret Garnett blocked the launch of Venu on antitrust grounds on Aug. 16
-
Sean Gunn Says His ‘Superman’ Maxwell Lord Isn’t Based on Other Live Portrayals
The “Guardians of the Galaxy” actor teases “canon” influences for his portrayal of the DC Comics villain
-
Fubo Wins Bid to Block Venu Sports Over Antitrust Concerns
Fox, Disney and Warner Bros. Discovery plan to appeal the judge’s ruling, arguing the streamer is “wrong on the facts and the law”
-
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
-
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
-
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
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
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
-
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
-
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
