Warner Bros. Discovery has been making headlines due to its upcoming merger, set to be completed by mid-April 2022, between WarnerMedia and Discovery, Inc. The merger aims to create an American multinational mass media and entertainment conglomerate. Recent reports indicate that the company is looking to expand its streaming business profitability and is considering launching a sports add-on tier on its Max streaming service to offer live sports programming.
Warner Bros. Discovery will be the result of the merger between WarnerMedia and Discovery, Inc. The company is expected to have a combined market value of $38 billion, potentially making it a media giant. The conglomerate will bring together a diverse range of assets, including networks like CNN and the Discovery Channel. With a focus on streaming services and entertainment content, Warner Bros. Discovery is poised to play a significant role in the evolving media landscape.
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The bundle, called StreamSaver, is the latest joint effort from entertainment companies looking to woo price-weary customers.
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Advertising revenue in its networks segment, which includes CNN and the Discovery Channel, fell 11% in the first quarter.
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If accepted, the broadcast rights to the basketball games could change hands from TNT, which has paid an average fee of $1.2 billion under its current deal, to the Peacock network, The Wall Street …
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Sweeney stars alongside Dakota Johnson in Sony’s blockbuster movie
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The remastered collection contains two iconic mid-2000s multiplayer shooters in Star Wars: Battlefront and Battlefront II
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How a new team went about creating a new version of 2013 "masterpiece" Brothers: A Tale of Two Sons.
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WBD looking for ways to grow newfound streaming business profitability.
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Paramount Global and Warner Music Group announce significant layoffs and job cuts to reduce costs and adapt to the changing media landscape dominated by streaming services.
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Disney, Fox, and Warner Bros. Discovery announced plans to launch a joint sports streaming platform in the fall, offering live sports content from at least 15 networks and all four major professional sports leagues.
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Warner Bros Discovery and Paramount Global executives met for preliminary discussions about a possible merger.
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Warner Bros Discovery and Paramount Global are in early talks about a potential merger, which could create a media giant with a combined market value of $38 billion.
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Retail and tech companies report mixed financial results, with some showing profit increases and others facing challenges.
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ValueAct Capital has built a large stake in Walt Disney and sees room for the media and entertainment giant's stock price to roughly double.
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The project will see capacity at the Leavesden facility near London expanding by more than 50%.
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After two straight days of talks, the studios and the writers still remained apart on several points.
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Warner Bros. Discovery to launch a sports add-on tier on its Max streaming service, offering live sports programming from TBS, TNT, and TruTV, including baseball, NHL, NBA games, and U.S. men's and women's soccer matches.
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Mark Thompson appointed as the new chairman and CEO of CNN, succeeding Chris Licht.