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...When Paramount was created by reunifying CBS and Viacom four years ago, the combined company generated $6bn in operating profits....
...The structure of the deal that created Warner Bros Discovery, which closed in April 2022, has a provision barring the company from doing another deal for two years. That period expires on April 8....
...Some may dismiss the row between Musk and Altman as a tiresome legal battle between billionaire tech bros....
...The company behind HBO, CNN and the Warner Bros movie studio has been focused on cutting costs and trimming its debt following the $40bn merger of Warner with Discovery last year and against the backdrop...
...The company has the opportunity to experiment. june.yoon@ft.com...
...It also does not have the burden of legacy cable television networks that Paramount, Disney, Warner Bros and Universal do....
...Over the past week Wall Street analysts have been lowering their financial targets for Warner Bros Discovery — and expressing concern over the company’s decision not to provide earnings forecasts for this...
...So-called crypto bros have permeated the industry since its inception, with men dominating the biggest companies and often loudly purveying their beliefs....
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...Companies could avoid being shamed by outsourcing low-paid jobs. Or they could get creative with compensation. (Generous parental leave, doughnuts or an NFT of the corporate logo? . . . bro?)...
...David Zaslav, the chief executive of Warner Brothers Discovery, said on Thursday that the US media company was “in the business of storytelling”....
...Former chief executive Tom Gentile was replaced as head of Spirit in October by Patrick Shanahan, who worked at Boeing for three decades before his turn as acting US Secretary of Defence....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a sports streaming service later this year that will aggregate the games offered by the media groups’ traditional television networks....
...Warner Bros Discovery managed to significantly narrow losses in its streaming division in the second quarter, in a sign the company remains on track with its goal for the unit to be profitable in 2023....
...RedBird IMI has agreed to acquire All3Media, the London-based TV and film production company behind Fleabag and Squid Game: The Challenge, from Warner Bros Discovery and Liberty Global for £1.15bn....
...Thomas Gentile III resigned on Saturday, the company said in a press release on Monday. Shanahan, 61, will immediately take the top position while the board looks for a new chief executive....
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...The company, which owns HBO, the Warner Bros movie studio and CNN, reported a quarterly loss of $1.2bn, down from $3.4bn a year ago....
...But I didn’t because I’m not part of the Silicon Valley bro world.” The most prominent figures and the loudest voices in AI are still overwhelmingly male....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a new sports streaming service later this year that will aggregate all of the games offered by their traditional TV networks....
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