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Results for "Warner Bros. Discovery"

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Culturehollywood-reporter6d ago

HBO Max to Add Podcasts in Europe

Warner Bros. Discovery's streaming service, HBO Max, is set to introduce podcasts in Europe, aiming to enhance 'immersive fandom' for its subscribers.

Soros Fund and Michael Burry Reveal Q1 Investment Portfolio Changes
FinanceYahooseeking-alpha9d ago2 sources

Soros Fund and Michael Burry Reveal Q1 Investment Portfolio Changes

Soros Fund Management disclosed new stakes in companies like Talkspace and increased holdings in Nvidia and Warner Bros. Discovery during the first quarter. Separately, Michael Burry's Scion Asset Management revealed new investments in a pharma giant and an oil stock.

Charter Adds Discovery+ to Spectrum TV Plans
Culturevariety10d ago

Charter Adds Discovery+ to Spectrum TV Plans

Charter Communications has announced that subscribers to its higher-end Spectrum TV plans will now receive access to Warner Bros. Discovery’s Discovery+ at no extra charge, alongside HBO Max.

HBO Max Exceeds Subscriber Forecasts, Nears 150 Million Target
Businessrzeczpospolitadeadline18d ago2 sources

HBO Max Exceeds Subscriber Forecasts, Nears 150 Million Target

HBO Max surpassed internal subscriber forecasts in Q1, reaching over 140 million subscribers. Warner Bros. Discovery now anticipates the streaming service will hit 150 million subscribers by the end of the year, partly due to international growth.

WBD CEO Zaslav Highlights HBO Max as Key Asset
Culturevarietyhollywood-reporter18d ago2 sources

WBD CEO Zaslav Highlights HBO Max as Key Asset

Warner Bros. Discovery CEO David Zaslav has stated that HBO Max is "probably" the company's "most important asset." His comments underscore the streaming service's strategic significance within the media conglomerate.

Documentary Leaders Protest Proposed Paramount-WBD Merger
Culturedeadline26d ago

Documentary Leaders Protest Proposed Paramount-WBD Merger

Leaders in the documentary film community, including Marjan Safinia and Lois Vossen, have voiced strong opposition to the proposed merger between Paramount and Warner Bros. Discovery, citing potential negative impacts on the industry. An open letter has been circulated to protest the deal.

Paramount Seeks FCC Approval for Foreign Ownership in WBD Deal
CultureReutersbloombergFT+6telexYahoovarietyhollywood-reporterdeadlinenaked-capitalism27d ago9 sources

Paramount Seeks FCC Approval for Foreign Ownership in WBD Deal

Paramount is seeking approval from the FCC for its proposed merger with Warner Bros. Discovery, which would result in nearly 50% foreign ownership, including substantial investment from Middle Eastern funds. This approval is crucial for the completion of the major media deal.

Reed Hastings Steps Down as Netflix CEO
Culturefazle-figaroNHK World+14rzeczpospolitade-volkskrantdie-presseBusiness Insiderforbesindex-hrYahoojutarnji-list+6 more1mo ago17 sources

Reed Hastings Steps Down as Netflix CEO

Netflix co-founder Reed Hastings has announced he is stepping down as CEO after 25 years, transitioning to Executive Chairman. His departure comes as the company faces challenges and its stock reacts to recent earnings and guidance.

HBO Max Content Launches on JioHotstar in India
Culturevariety1mo ago

HBO Max Content Launches on JioHotstar in India

Warner Bros. Discovery has expanded its partnership in India, making JioHotstar the exclusive home for HBO Max content, including 'Euphoria' Season 3, consolidating various HBO, Max Originals, and Warner Bros. titles.

Theater Owners Lobby Against Paramount-WBD Merger
Culturedeadline1mo ago

Theater Owners Lobby Against Paramount-WBD Merger

Cinema United, representing movie theater owners, has escalated its opposition to the proposed Paramount-Warner Bros. Discovery merger by appealing to Attorneys General Associations, citing concerns for 'Main Street America'.

Rahel Solomon Announces Departure from CNN
Culturevariety2mo ago

Rahel Solomon Announces Departure from CNN

Up-and-coming CNN personality Rahel Solomon, who anchored one of the network's early morning programs, has announced her decision to leave the Warner Bros. Discovery-backed outlet.

Beyond David Zaslav, WBD Execs & Financial Advisers Also Poised For 9-Figure Merger Paydays
Culturedeadline2mo ago

Beyond David Zaslav, WBD Execs & Financial Advisers Also Poised For 9-Figure Merger Paydays

While David Zaslav has stolen most of the headlines for his personal financial gains from the Warner Bros. Discovery-Paramount merger, several other rich payouts are in the offing. The same SEC filing that laid out Zaslav’s expected $886.8 million in merger-related compensation Monday also included some eye-popping figures for other principals. Most of the loot […]

Paramount Shutting Down Bet+
Culturescreen-rant2mo ago

Paramount Shutting Down Bet+

Paramount is officially getting rid of another major streaming service after its acquisition of Warner Bros. Discovery.

Paramount’s $110 Billion Warner Bros Deal Backed by Arab Sovereign Funds Raises Soft Power Concerns
CultureTimes of Indiavariety2mo ago2 sources

Paramount’s $110 Billion Warner Bros Deal Backed by Arab Sovereign Funds Raises Soft Power Concerns

Paramount Skydance’s $110 billion bid for Warner Bros. Discovery is not just a Hollywood deal. Powered by $24 billion from sovereign wealth funds in Saudi Arabia, Qatar and Abu Dhabi, the proposed merger is sparking debate over soft power, influence and media independence at a company that includes CNN and HBO. Saudi Arabia’s Public Investment […]

Discovery Channel Launches 'Made in Bulgaria' Series
Businessdnevnik-bg5d ago

Discovery Channel Launches 'Made in Bulgaria' Series

Warner Bros. Discovery is expanding its presence in the Balkans with a new two-part pilot project, 'Made in Bulgaria,' on Discovery Channel, following the success of similar regional formats in Hungary and Romania. The series will showcase the creation of iconic Bulgarian products.

Paramount-WBD Merger Faces Scrutiny, Company Defends Deal
CultureNYTwapon1-serbia+4varietyhollywood-reporterdeadlinezerohedge12d ago7 sources

Paramount-WBD Merger Faces Scrutiny, Company Defends Deal

Paramount and Skydance are defending their proposed merger with Warner Bros. Discovery against concerns raised by figures like Tom Steyer and congressmen regarding its potential impact on media and competition. The companies argue the combined entity is necessary to compete with larger streaming services and will boost theatrical distribution.

Global Stocks Mixed as Oil Prices Decline
Worldcapital-bgchannel-news-asia17d ago2 sources

Global Stocks Mixed as Oil Prices Decline

Global stock markets showed mixed performance as oil prices continued to fall, driven by hopes of a potential US-Iran peace deal. This market movement occurred alongside other significant business news, including UniCredit's sale of parts of its Russian business.

Cultureforbes1mo ago

White Lotus Season 4 Locale Announced

Warner Bros. Discovery has officially announced the filming location for the highly anticipated fourth season of the popular series 'The White Lotus'. The announcement generates excitement among fans and industry observers.

Hollywood Stars Protest Paramount-Warner Bros. Merger
Cultureyle-uutisethelsingin-sanomatruv+11fazder-standardFrance 24rzeczpospolitadnevnik-bgvarietyhollywood-reporterdeadline+3 more1mo ago14 sources

Hollywood Stars Protest Paramount-Warner Bros. Merger

Hollywood stars and industry executives are increasingly protesting the proposed merger between Paramount and Warner Bros. Discovery, with an open letter signed by thousands. A hearing is planned where David Ellison is invited to testify, addressing concerns about market concentration.

Warner Bros. Discovery Sets April 23 Shareholder Vote on Paramount Deal
Culturemarketwatchvarietyhollywood-reporter+2deadlineseeking-alpha1mo ago5 sources

Warner Bros. Discovery Sets April 23 Shareholder Vote on Paramount Deal

Warner Bros. Discovery has scheduled a special shareholder meeting for April 23 to vote on the proposed sale to David Ellison’s Paramount Skydance, a critical step in the acquisition process, with the sale moving full steam ahead.

Citi: Netflix Poised for Price Hikes After Warner Bros. Deal Falls Through
Businesscnbcmarketwatch2mo ago2 sources

Citi: Netflix Poised for Price Hikes After Warner Bros. Deal Falls Through

Citi analysts suggest Netflix is in a stronger position to raise subscription prices following the collapse of its potential Warner Bros. Discovery acquisition, freeing it from M&A and regulatory scrutiny. This development opens new opportunities for the streaming platform's stock, according to Citi.

David Zaslav Sells $114 Million Worth of Warner Bros. Discovery Stock
Culturevarietyhollywood-reporter2mo ago2 sources

David Zaslav Sells $114 Million Worth of Warner Bros. Discovery Stock

David Zaslav, president and CEO of Warner Bros. Discovery, filed to sell just over $114 million worth of stock in the company. His planned sale of the shares comes less than a week after WBD clinched a deal to sell itself to Paramount Skydance for $31 per share, after Netflix walked away from its deal […]

David Ellison Says WBD Merger Will Enable Paramount To Challenge Netflix In Streaming
Culturedeadline2mo ago

David Ellison Says WBD Merger Will Enable Paramount To Challenge Netflix In Streaming

Paramount CEO David Ellison says the company’s pending merger with Warner Bros. Discovery will give it the scale it needs to compete with Netflix. “We will combine the streaming portfolios of the two companies into one stronger platform over the coming years,” Ellison told Wall Street analysts Monday on a conference call to discuss the […]

Paramount-Skydance to Acquire Warner Bros. Discovery
BusinessAPReutersbloomberg+8wsjFrance 24NHK WorldforbesYahoojerusalem-posttempo-englishvanguard-ng2mo ago11 sources

Paramount-Skydance to Acquire Warner Bros. Discovery

US media giant Paramount-Skydance has announced an agreement to acquire fellow company Warner Bros. Discovery, winning a bidding war against Netflix.

Financebloombergseeking-alpha3d ago2 sources

JPMorgan Boosts Warner Bros. Loan for Paramount Deal

JPMorgan has increased its loan to Warner Bros. Discovery to $10 billion, reportedly in anticipation of a potential merger with Paramount Global. This significant financial backing signals progress towards a major media consolidation.

Berkshire Hathaway Q1 Filings Reveal Major Investment Shifts
FinanceAPReutersbloomberg+6wsjcnbcmarketwatchBusiness InsiderYahooseeking-alpha9d ago9 sources

Berkshire Hathaway Q1 Filings Reveal Major Investment Shifts

Berkshire Hathaway's latest filings for the first quarter reveal significant changes in its investment portfolio, including tripling its stake in Alphabet and making new investments in Delta and Macy's. The company also divested from several holdings, such as Amazon, UnitedHealth, Visa, Mastercard, and $8 billion in Chevron shares.

Multiple Companies Report Quarterly Earnings Results
CulturebloombergNYTFT+28dr-dkFox Newsnzzyle-uutisetcnbcfazberlingskerzeczpospolita+20 more18d ago31 sources

Multiple Companies Report Quarterly Earnings Results

Several companies, including ATN International, EVERTEC, Montrose Environmental, Phibro Animal, UGI, and TKO, have released their latest quarterly financial results. While some companies reported earnings that beat analyst expectations, others missed revenue or EPS forecasts.

WBD CEO David Zaslav's 2025 Pay Triples to $165 Million
Culturevarietyhollywood-reporterdeadline24d ago3 sources

WBD CEO David Zaslav's 2025 Pay Triples to $165 Million

Warner Bros. Discovery CEO David Zaslav's compensation package for 2025 has more than tripled, reaching a staggering $165 million. This significant increase is primarily attributed to option awards initially tied to the company's planned split.

Warner Bros. Discovery Shareholders Approve Paramount-Skydance Merger
FinanceAPReutersBBC+49bloombergNYTFTThe GuardianNPRAl Jazeeranzzcbc+41 more1mo ago52 sources

Warner Bros. Discovery Shareholders Approve Paramount-Skydance Merger

Warner Bros. Discovery shareholders have approved a proposed $111 billion merger with Paramount and Skydance Media, though the deal still faces regulatory review. This approval occurred despite significant opposition to CEO David Zaslav's associated payout.

Netflix Co-Founder Reed Hastings Steps Down as Chairman
CultureAPReutersBBC+33bloombergNYTwsjFTThe GuardianAl JazeeraCNNcbc+25 more1mo ago36 sources

Netflix Co-Founder Reed Hastings Steps Down as Chairman

Reed Hastings, co-founder of Netflix, is stepping down from his role as chairman after 29 years with the company. His departure marks a significant leadership change for the streaming giant, with some reports noting a drop in stock value following the announcement.

Ryan Gould Appointed Chairman of OpenAP
Culturevariety1mo ago

Ryan Gould Appointed Chairman of OpenAP

Ryan Gould, President of U.S. ad sales for Warner Bros. Discovery, has been named chairman of OpenAP, a consortium focused on interoperable digital ad-buying practices.

Casey Bloys Comments on Paramount-WBD Merger Amid LA County Scrutiny
Culturedeadline2mo ago

Casey Bloys Comments on Paramount-WBD Merger Amid LA County Scrutiny

The Los Angeles County Board of Supervisors has ordered an analysis of the proposed Paramount-Warner Bros. Discovery merger, including its impact on the entertainment industry workforce. HBO's Casey Bloys has also commented on the pivotal moment in entertainment history, acknowledging the ongoing developments with the merger.

What Happens to HBO After Paramount Buys Warner Bros.?
Culturevariety2mo ago

What Happens to HBO After Paramount Buys Warner Bros.?

Like the rest of the town last week, the shock news of Paramount Skydance’s 11th hour successful acquisition of Warner Bros. Discovery stung deep at HBO. According to at least one insider, when word came down on Thursday that Netflix had ended its pursuit of the company, HBO chairman and CEO Casey Bloys walked out […]

Culturehollywood-reporterdeadline2mo ago2 sources

Netflix Banks A Quick $2.8 Billion As Paramount Pays WBD Termination Fee; Streamer’s Shares Rise Another 14%

Things in media M&A land continue to move fast with Netflix revealing this afternoon that it is $2.8 billion richer after receiving the fresh cash from Paramount. The David Ellison company’s Superior Proposal for Warner Bros. Discovery, which was accepted by the WBD board, included paying out the termination fee if WBD walked away from […]

Paramount's WBD takeover 'is not a done deal,' says California's attorney general
BusinessrzeczpospolitaBusiness Insiderdigi242mo ago3 sources

Paramount's WBD takeover 'is not a done deal,' says California's attorney general

California attorney general says, not so fast to Paramount Warner Bros. merger Christina House/Los Angeles Times via Getty Images California's attorney general is investigating Paramount's Warner Bros. merger, citing antitrust issues. California Attorney General Rob Bonta said the merger had not "cleared regulatory scrutiny." Netflix walked away from its bid for Warner Bros. on Thursday. Netflix dropped its bid for Warner Bros. Discovery, clearing a path for Paramount Skydance. But Californ...

Paramount to Acquire Warner Bros for $111 Billion
BusinessBusiness Insiderdanas2mo ago2 sources

Paramount to Acquire Warner Bros for $111 Billion

Paramount is reportedly acquiring Warner Bros for $111 billion after Netflix withdrew from the bidding. The potential takeover has raised concerns due to the possible future owners' ties to former US President Donald Trump, which could lead to changes at CNN.