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...Warner in 2021 agreed to buy hip-hop label 300 Entertainment for more than $400mn, as well as Russian indie label Zhara Music. Sony Music in 2021 paid $430mn to buy independent music company AWAL....
...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....
...Like other traditional entertainment companies, Warner Bros has recently started licensing more of its shows to Netflix, including Band of Brothers and Sex and the City — a reversal of their previous strategy...
...That deal left Levin sitting atop a media and entertainment colossus....
...Entertainment giants including Warner, Paramount and Disney have been on a cost-cutting mission as they try to shrink losses running into the billions of dollars from their video streaming services....
...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....
...Warner Bros Discovery shares were on course for their biggest daily drop in a more than a year after the entertainment group warned investors that it was “unlikely” to meet its debt payment goals....
...But though this series is rambling, rowdy and guilty of hanging around too long (rather unlike a gentlemen) it is also a diverting slice of light lads-and-dads entertainment....
...The major record labels — Universal, Sony and Warner — earn money by taking a cut of revenue from streams and album sales from a stable of thousands of musicians....
...Big entertainment groups including Warner, Paramount and Disney have been on a cost-cutting mission as they try to shrink losses running into the billions of dollars from their video streaming services....
...David Zaslav, the chief executive of Warner Brothers Discovery, said on Thursday that the US media company was “in the business of storytelling”....
...Shares in Warner Bros Discovery slumped earlier this month after the entertainment group warned it was “unlikely” to meet its goals for paying off debt, against the backdrop of rising interest rates....
...Warner Bros Discovery: The entertainment group will report its latest quarterly earnings before Wall Street’s opening bell. Investors will be keen for updates on its streaming efforts....
...The firm, which had previously taken aim at fitness company Peloton, said it planned to nominate Warner Brothers Discovery executive Jessica Schell, Tribeca Film Festival co-founder Craig Hatkoff, and Leah...
...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...
...It also does not have the burden of legacy cable television networks that Paramount, Disney, Warner Bros and Universal do....
...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...
...Mentions of Barbie rocketed on social media ahead of its release, propelled by the strategic and targeted release of information by Mattel and Warner Brothers....
...The new ESPN app will be separate from the new sports streaming service that Disney announced this week along with Fox and Warner Bros, which will aggregate all of the games offered by their traditional...
...The deal is a big win for Warner Bros and Liberty, which acquired All3Media in 2014 for £550mn....
...Clip by Warner Brothers. Read a transcript of this episode on FT.com...
...Disney, Warner Brothers Discovery and Fox said they will pool their live sports programming into a comprehensive streaming service....
...Before that big step, ESPN is also launching a sports streaming joint venture with Fox and Warner Bros this autumn....
...Disney is also forming a new sports streaming service with Fox and Warner Bros Discovery. Another crucial task is to improve performance at Disney’s studios, including Marvel and Pixar....
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