subscribe
TotalNews Logo

CHOOSE LANGUAGE

SELECT LANGUAGE BELOW

Subscribe
TotalNews Logo

Tag: Warner

Warner, Scott spar over DOGE Treasury access

Mark Warner (D-VA) and Tim Scott (RS.C.) reported that they saved Eron Masks of the government and his allies on Wednesday. “If one of your institution suddenly puts someone in your payment system that does not have the background of the banking business and does not understand the flow of money, it is suddenly your […]

Venu Sports scrapped by Fox, Disney, Warner Bros. Discovery before it launches

Veenu Sports, a proposed sports streaming joint venture between Disney's ESPN, Fox and Warner Bros. Discovery, has been scrapped ahead of its scheduled launch, the companies announced Friday. Venu has been battling legal threats in recent days from rivals who have cast doubt on the business. Earlier this week, Disney struck a deal with FuboTV […]

Richard Parsons, former Time Warner CEO, Citigroup chairman dead at 76

Richard D. Parsons, a longtime banking executive who took the helm of telecommunications company Time Warner during a difficult time and helped Citigroup weather the financial crisis, died Thursday at the age of 76. Parsons, a prominent black businessman, also helped the NBA's Clippers overcome a racial discrimination scandal. Parsons is widely credited with helping […]

Warner Bros. Discovery CEO David Zaslav hopes to offload assets 

With Warner Bros. Discovery's new restructuring (separating cable operations like CNN and Discovery from streaming and studios), there is little doubt that CEO David Zaslav is in the mood to sell. . For Zas, the more buyers, the better. Mr. Zaslav is a balance sheet fanatic through and through. It's a skill he honed during […]

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 […]