Hints and tips:
...The private equity group is in advanced talks with US media groups Warner Bros Discovery and Liberty Global to acquire All3Media in a deal worth about £1bn, according to several people familiar with the...
...Obermann, a former Warner Music executive who joined TikTok in 2019 to lead its negotiations with the big music labels, has been at the forefront of the talks....
...“We took bold decisive action over the past 10 months and the bulk of our restructuring is behind us,” Zaslav said on an earnings call in February....
...Google, Universal Music and Warner Music declined to comment....
...The 35-year-old Levin was proclaimed “our resident genius” by Andrew Heiskell, Time Inc’s chair, according to Fools Rush In, Nina Munk’s book about the AOL-Time Warner merger....
...On Tuesday, three titans — Disney, Warner Brothers Discovery and Fox — announced yet another streaming service. The trio will provide their live sports content via one streaming platform....
...Meanwhile, Warner is still digesting the acquisition of Warner Brothers from two years ago. This has disappointed on savings and profits. Warner’s shares are since down more than half....
...Last summer, ESPN was briefly blacked out for some US customers of Charter Communications’ Spectrum cable service over such a dispute between Disney and the distributor, limiting access to US Open tennis...
...Company officials defended their upcoming streaming slate, pointing to new seasons of White Lotus, Hacks, House of the Dragon and The Last of Us....
...The discussions with Warner Bros, first reported by Axios, come as US media groups are struggling to improve their profitability after waging a costly “streaming war” against Netflix....
...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...
...In one sign of that momentum, Mark Warner, the Democratic chair of the intelligence committee, and his Republican vice-chair Marco Rubio threw their support behind the measure, saying they “look forward...
...Warner, home to HBO and the Warner Bros movie studio, has made a small profit at its US streaming services this year, in part by raising prices, aggressively culling some series and licensing others to Netflix...
...The sale of DR Horton marked a sudden shift by an investor typically billed as a long-term holder; Berkshire disclosed it had invested in the largest US homebuilder just six months ago....
...David Zaslav, the chief executive of Warner Brothers Discovery, said on Thursday that the US media company was “in the business of storytelling”....
...Under Zaslav, Warner Bros Discovery has been focused on austerity over the past year, a strategy it says is paying off. Warner says Max will be profitable in the US this year....
...Mark Warner, the Democratic head of the Senate intelligence committee, and his Republican vice-chair Marco Rubio said in a joint statement that they “look forward to working together to get this bill passed...
...Warner says its “Max” streaming unit will be profitable in the US this year....
...Warner Music, the third-largest record company, last year announced it had struck a new deal with TikTok....
...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...
...He wants us to do those things. The working model is . . . Warner Music: buying something huge at the right time at the right price. Len certainly has got the appetite.”...
...It went off like a bombshell in the US media world....
...The broadcaster also wants to expand its business outside of traditional linear TV, which is under pressure given a fall in advertising revenues, fierce competition from US streaming giants such as Netflix...
...This summer, Warner Bros Discovery’s HBO network began licensing a handful of older shows to Netflix, including Insecure, Six Feet Under, Ballers and Band of Brothers....
...Dave Calhoun, chief executive, is due to meet lawmakers on Capitol Hill on Wednesday, including Senator Mark Warner from Virginia, where the company is headquartered....
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