Warner Bros. Discovery Looks to Split from Toxic TV Assets Like CNN
Cable networks like CNN were once important assets in the entertainment world. Now they've become toxic, which is why Comcast removed them last month, and Warner Bros. Discovery (WBD) is currently considering doing the same. “Warner announced Thursday that it is reorganizing its corporate structure from its streaming and studio division into a separate global […]
Warner Bros Discovery to revamp structure, setting up potential dealmaking
Warner Bros. Discovery announced Thursday that it will reorganize into two business units. One focuses on the struggling traditional cable TV business, and the other focuses on streaming and studios. This could create “strategic opportunities” in the future. The media giant has announced that its division, which includes streaming services Max, Discovery Plus and HBO, […]
Warner Bros. Discovery announces major corporate restructure
Media conglomerate Warner Bros. Discovery (WBD) on Thursday announced a major restructuring that will split its linear and streaming divisions into two companies, with an eye toward potential mergers and acquisitions next year. Under the new corporate structure, WBD will serve as the parent company for two business units: Global Linear Networks and Streaming and […]
Warner Bros. Discovery stock surges as it restructures its business – CNN
CNN — Warner Bros. Discovery, CNN's parent company, announced Thursday that it will establish a new corporate structure that will separate the cable network from its growing streaming business. The restructuring isn't a spinoff of cable assets like Comcast recently announced, but it could end up having the same effect. Warner Bros. Discovery has two […]
Motherless man’s search for answers ends with gruesome beach town discovery
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CNN parent Warner Bros. Discovery must hand over financial info if subpoenaed as defamation trial looms
Fox's first appearance – A Delaware court on Friday ordered Warner Bros. Discovery, the parent company of CNN, to turn over detailed financial documents if a subpoena is filed in support of the plaintiffs' high-stakes defamation lawsuit. If not, the company must submit a “sworn declaration'' that it will not do so. exist. U.S. Navy […]
Warner Bros. Discovery CEO expects deal-making to surge under Trump as studio posts surprise profit
Warner Bros. Discovery's David Zaslav said Thursday that he expects the incoming Trump administration to create a more friendly environment for deal-making, opening the door to industry consolidation. “That will provide a real positive acceleration effect that is needed in this industry,” Zaslav told investors on a conference call after the company announced its quarterly […]
A family’s race against time, plus an Alzheimer’s discovery and stroke prevention tips
The Fox News Health newsletter brings you stories about the latest trends in health care, wellness, illness, mental health and more. Top 3: – Family sells dream home to raise money for daughter's life-saving treatment – Research into new Alzheimer's disease reveals 'silent' stage of disease before symptoms appear – Cervical cancer patients may have […]
Discovery of 237-million-year-old fossil in Brazil shines light on early dinos
Brazilian scientists say recently discovered fossils may help explain how dinosaurs evolved and came to dominate the Earth. The bones date back about 237 million years, which corresponds to the Middle to Upper Triassic period, and are the oldest existing record of pre-dinosaur reptiles, the newspaper said. Published in Gondwana Research journal. First discovered in […]
Parents’ damning texts about their children lead officials to grisly fire pit discovery: Court docs
An Indiana mother and father have been charged with the murders of their two children. Wheatfield residents Steven Valle, 31, and Samantha Severa, 25, were arrested last week and charged with murder, abandonment of a dependent resulting in death, abuse of a corpse and failure to report a corpse. “You killed our baby. Their DNA […]