Warner Bros. Discovery writes down value of TV assets by $9B
Warner Bros. Discovery said on Wednesday it was writing down the value of its television assets due to uncertainty about fees from cable and satellite distributors and sports rights renewals, sending its shares down nearly 10% in after-hours trading. The film and entertainment studio, which owns sports network TNT and streaming service Max, took a […]
Warner Bros. Discovery sues NBA over matching rights clause
As expected, billable hours will be a big money maker in the new NBA rights deal. TNT’s parent company, Warner Bros. Discovery (WBD), sued the NBA over matching rights clauses in a previous television contract after the NBA indicated its intention to end its decades-long partnership with TNT. The lawsuit was filed Friday in New […]
Warner Bros. Discovery to sue NBA after losing broadcast rights: report
Warner Bros. Discovery plans to sue the National Basketball Association in New York after the NBA rejected an even-bid for television rights, a person familiar with the matter said on Thursday. The NBA said Wednesday it rejected a proposal from Warner’s TNT Sports division, ending a 40-year partnership and signing new, 11-year, $77 billion deals […]
NBA rejects Warner Bros. Discovery media rights bid; TNT broadcasts to likely cease after next season
The NBA’s television rights situation has become a hot topic due in part to the popularity of “Inside the NBA,” a long-running studio show featuring Ernie Johnson and former NBA great Charles Barkley. Shaquille O’Neal And Kenny Smith. Despite being one of the league’s media partners for the past few decades, TNT’s parent company Warner […]
Every 2024 Election CONSPIRACY theory with the Drinkin’ Bros
A week after former President Donald Trump narrowly survived an assassination attempt, President Joe Biden announced the end of his campaign for the 2024 election. Naturally, conspiracy theories are swirling. Some have speculated it’s odd that Trump’s running mate, J.D. Vance, would run an anti-Harris ad, but Dan Hollaway of the Drinkin’ Brothers podcast says […]
Warner Bros. Discovery Slashes 1,000 More Jobs, Talks Studio Split
After thousands of layoffs following the 2022 merger between Discovery and Warner Bros. another 1,000 job cuts are planned. “According to the source [the far-left] variety WBD plans to lay off around 1,000 employees across several departments, including finance, operations, production and streamer Max, as part of new cost-cutting measures.” report addition“The majority of the […]
Warner Bros. Discovery reportedly mulls breaking up media giant to boost sagging stock
Just two years after its mega-merger, Warner Bros. Discovery, the parent company of CNN and HBO, is reportedly considering plans to separate its digital streaming and studio businesses from its traditional TV networks in a bid to boost its sagging stock price. WBD President David Zaslav, who announced a new round of layoffs this week […]
Warner Bros. Discovery to lay off nearly 1,000 staffers amid calls from analyst to ‘explore stategic options’
Warner Bros. Discovery is reportedly cutting 1,000 jobs as it faces calls to sell assets including CNN, which has struggled in the ratings. The layoffs, which began earlier this month, affect the finance, business and production divisions, as well as streaming provider Max, the entertainment news site reported. deadline. The cuts come at a turbulent […]
‘They Have F*cked Up’: Liberal Pod Bros Snap At Biden Advisers For Accusing Them Of Being Obama ‘Operatives’
The co-hosts of “Pod Save America” tore into President Joe Biden’s advisers Friday for accusing them of being “operatives” for former President Barack Obama. Co-hosts Jon Favreau and Dan Pfeiffer, who both previously worked for Obama, said advisers are accusing them and other prominent Democrats of influencing their party to oppose Biden’s reelection bid. Favreau, a […]
‘Obama bros’ gang up on Biden as longstanding rumors of tension linger: ‘Hard to watch’
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