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Warner Bros. Discovery stock, which has been gaining ground in recent weeks after falling to a low of about $6 a share earlier this year, jumped 15.4% on the news to $12.49. Zaslav and his team ...
The David Zaslav-led media company posted disappointing second-quarter earnings Wednesday, sending its shares tumbling in after-hours on Wall Street.
The owner of Regal cinemas announced Tuesday that it had emerged from Chapter 11 bankruptcy after slashing billions off its debts, ... (Warner Bros., like CNN, is owned by Warner Bros. Discovery.)
Warner Bros Discovery is betting the Comcast agreement, together with a deal reached this year with cable and broadband provider Charter, will be a template for future negotiations with distributors.
Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City.It was formed from WarnerMedia's spin-off by AT&T and merger with Discovery, Inc. on April 8, 2022.
Lionsgate followed that up with a June purchase of International Movie Group, Inc. (IMG), a bankrupt film distributor previously invested in by Guber and Yorktown Securities, for its film library. IMG's CEO Peter Strauss became President of Lions Gate Entertainment, Inc. (LGE), the American parent company for Lionsgate's U.S. interests. [5]
However, Warner Bros. Games declined to comment on the future of the game or the studio. [21] In May 2024, the company disclosed that the game incured a loss of approximately $200 million . [ 22 ] In September, anonymous employees told Eurogamer that Rocksteady's QA team had experienced a layoff, reducing the team's headcount by half, as a ...
Warner Bros. Discovery, CNN’s corporate parent, announced Thursday it is establishing a new corporate structure that splits off its cable networks from its growing streaming business.