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 […]

‘Blade Runner 2049’ producer sues Tesla, Warner Bros over AI images

Film and television studio Alcon Entertainment on Monday accused Tesla and Warner Bros. Discovery of using images related to the movie “Blade Runner 2049” to promote Tesla's new self-driving cybertaxi.・Sued Discovery. alcon california federal government lawsuit It alleged violations of U.S. copyright law and accused Tesla of “false endorsement” for suggesting a relationship between Alcon […]

Ty Warner set to finally reopen NYC’s Four Seasons Hotel: sources

The Four Seasons Hotel in Midtown Manhattan is finally set to reopen in early November, ending a closure that began with the pandemic and lasted more than four years due to an epic contract dispute, The Washington Post has learned. As first reported by The Washington Post, the iconic luxury lodge on East 57th Street […]