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Media
RedBird IMI closes in on £1bn deal for UK studio All3Media
...Warner Bros and Liberty acquired the company in 2014 for £550mn. The deal could enter exclusive negotiations before Christmas, one of these people added....
December 12, 2023
Warner Bros Discovery, Inc
Warner Bros Discovery scales back music sale as bids fall short
...The setback comes as Zaslav has spent the past year scouring the sprawling Hollywood group — which spans HBO, the Warner Bros movie studio and CNN — to find places to trim debt....
March 31, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Warner Bros Discovery, Inc
Warner Bros Discovery aims for global market with Europe launch of Max
...Warner Bros Discovery is to launch its Max streaming service across Europe, bringing together popular TV shows such as The White Lotus with movies like Barbie to challenge market leaders Netflix and Disney...
March 21, 2024
LexWarner Bros Entertainment Inc
Warner Bros/Paramount: bloated structures should curb ambitions
Caution should surround the discussions about big media deal
December 21, 2023
Media
Warner Bros Discovery and Paramount CEOs hold exploratory merger talks
...Warner Bros Discovery and Paramount Global are in early talks to merge, in a media deal that would combine the owner of HBO and CNN with the studio behind the Mission Impossible films and CBS News....
December 21, 2023
Warner Bros Discovery, Inc
Warner Bros Discovery shares dive 19% after warning over debt target
...Warner Bros Discovery shares fell 19 per cent on Wednesday for their biggest daily drop since March 2021 after the entertainment group warned investors it was “unlikely” to meet its goals for paying off...
November 8, 2023
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
Warner Bros Discovery, Inc
People aren’t going to the movies. Can Dune sequel change that?
...Warner Bros Discovery, which produced the $190mn film alongside Legendary Entertainment, needs Dune: Part Two to perform well....
March 1, 2024
LexMedia
Warner Bros: embattled Zaslav needs a script doctor Premium content
WBD’s economics works neither for writers and actors nor for capital markets
August 3, 2023
Streaming services
Disney, Warner and Fox join forces for sports streaming venture
...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....
February 7, 2024
Berkshire Hathaway Inc
Warren Buffett’s Berkshire Hathaway pares its stake in Apple
...industry, and was seen as an endorsement of the company’s investment in its Paramount+ streaming platform, as well as its ability to compete with deeper pocketed rivals such as Netflix, Disney and Warner Bros...
February 14, 2024
Warner Bros Discovery, Inc
Warner Bros Discovery saves $100mn as Hollywood strikes keep costs down
...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....
August 3, 2023
Home Box Office Inc.
HBO boss admits using fake social media accounts to bash TV critics
...Warner Bros Discovery had 96mn streaming subscribers at the end of June, while HBO received 125 Emmy award nominations this year, more than any other network....
November 2, 2023
News in-depthCNN News Group
Warner Bros Discovery chief turns to longtime confidant to save wounded CNN
...Whenever questions about CNN’s declining ratings have come up over the past year, Warner Bros Discovery chief executive David Zaslav has urged patience....
June 6, 2023
News in-depthStreaming services
‘Shakeout has begun’ after $5bn streaming loss for Netflix rivals
...Disney, Warner Bros Discovery, Comcast and Paramount — US entertainment conglomerates that have been growing ever larger for decades — are facing pressure to shrink or sell legacy businesses, scale back...
December 28, 2023
X Corp
Apple and Disney join advertiser exodus from Elon Musk’s X
...An advertiser exodus from Elon Musk’s X gathered pace on Friday, with Apple, Walt Disney, Comcast, Paramount and Warner Bros all pausing spending on the social media platform amid concerns about antisemitic...
November 18, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
ObituaryGerald Levin
Gerald Levin, AOL-Time Warner executive, 1939-2024
...After leaving the company that further deals would turn into Warner Bros Discovery, Levin married his third wife, Laurie Ann Levin, who ran a holistic healing institute in Los Angeles....
March 15, 2024
John Gapper
Barbie is a brand that keeps changing with the times
...It could have been an oversight, but I doubt it: both Mattel and Barbie’s studio Warner Bros want to please Chinese consumers. Film creativity is not dead, though....
July 7, 2023
The Big Read
Can Warner Bros Discovery win back Hollywood?
...The other shadow hanging over Warner Bros Discovery is uncertainty about Zaslav’s endgame....
April 9, 2023
Warner Bros Discovery, Inc
Warner Bros Discovery posts $1.1bn quarterly loss as cable TV business weakens
...Warner Bros Discovery lost more than $1bn in the first quarter, underscoring the heavy costs Hollywood giants are enduring as they pivot their businesses towards streaming to offset shrinking audiences for...
May 5, 2023
Film
After 100 years of myth-making, what next for Warner Bros?
...Nolan later announced that after two decades making Warner Bros movies, his relationship with the studio was over....
March 31, 2023
Media
Chris Licht out as CNN chief after series of stumbles
...Licht had been handpicked by Warner Bros Discovery chief executive David Zaslav to steer CNN after the departure of its longtime chief Jeff Zucker....
June 7, 2023
Technology sector
Behold, artificial intelligence chatbot NFTs
We’re selling a fking sentient digital asset, bro
June 15, 2023
Media
CNN names former BBC and New York Times head Mark Thompson as chief
...Thompson, who started out as an editorial trainee at the BBC more than four decades ago, will lead CNN’s business and also act as “editor-in-chief” for the news network, parent company Warner Bros Discovery...
August 30, 2023
News in-depthCNN News Group
Mark Thompson faces ‘peak disruption’ as he takes CNN helm
...CNN, which is owned by Warner Bros Discovery, will be gearing up to cover the 2024 US presidential election — the type of big news event that the network would have once dominated....
August 31, 2023
LexNetflix Inc
Netflix: revenue boost from password crackdown unlikely to spawn a sequel Premium content
...The problem is this is a crowded space, with rivals including Disney, Paramount, NBCUniversal and Warner Bros. Discovery is set to do the same thing. A good TV series rarely spawns a superior sequel....
October 19, 2023

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