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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 ...
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.
Investors are calling foul over Warner Bros. Discovery's loss of its NBA media rights deal. A lawsuit filed this week in New York federal court alleges that shareholders suffered "significant ...
The NBA has reportedly agreed to terms for its next media rights deal — and it looks like Warner Bros. Discovery's TNT Network could lose out.. If true, it will be a gut punch for the legacy ...
Warner Bros. Discovery hopes a split will lead to a better chance of making it whole. The company said Thursday that it would, going forward, “serve as the parent company for two distinct ...
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.
Warner Bros. Discovery Networks, formerly known as Turner Entertainment Networks, [1] is an American mass media division of Warner Bros. Discovery that oversees the operations of many of its television channels and assets owned and operated in the United States. Its related international division is Warner Bros. Discovery International.
Warner Bros. Discovery, the parent company of CNN, has been cutting costs and impressing Wall Street with its ability to unload its debt burden after it merged with Discovery in 2022.