Democrat Sen Warner cedes ‘Trump was right’ on TikTok being ‘enormous’ national security issue
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Fox, Disney, Warner Bros. sports bundle expecting 5M subscribers in five years
The sports streaming venture founded by Fox Co., Walt Disney Co. and Warner Bros. Discovery expects to gain 5 million subscribers in its first five years, Fox President Lachlan Murdoch said on Monday. Ta. The new sports-focused service is scheduled to launch in the fall in hopes of drawing in what Murdoch called “cord nevers” […]
Warner Bros. Discovery halts merger talks with Paramount Global
A list of potential suitors for Paramount Global was released on Tuesday after Warner Bros. Discovery announced it would no longer pursue merger talks with the struggling media giant, according to reports. Shrunk. CNN’s parent company, Shari Redstone, struggled for months before making the decision to exit Shari Redstone’s debt-ridden company, CNBC reported, citing sources […]
CNN Parent Company Warner Bros. Discovery Hammered By Weak TV Advertising, Stock Plunges
Warner Bros. Discovery, the parent company of CNN, Warner Bros., HBO and numerous other media properties, has been plagued by weak TV advertising, lower-than-expected revenue, and its stock price has plummeted as investors worry about media. ing. Giant’s financial outlook. Warner Bros. Discovery stock plunged 12% early Friday, but recovered slightly later in the day. […]
Warner Bros. Discovery stock plunges as movie flops ‘The Color Purple,’ ‘Aquaman’ sink earnings
Warner Bros. Discovery reported worse-than-expected quarterly profits Friday, largely due to the studio’s box office failure, and the media giant’s shares plummeted more than 9% in midday trading. The David Zaslav-run company, which along with Warner Bros. Studios also owns CNN, TNT and streaming service Max, had fourth-quarter revenue of $10.28 billion, above analysts’ average […]
FuboTV Sues to Stop Disney, Fox, Warner Bros. from Creating Streaming Sports Goliath
It’s becoming a battle between David and the three Goliaths. Sports-oriented streaming service FuboTV blocks Disney, Fox and Warner Bros. Discovery from developing rival services that would combine the three Hollywood studios’ powerhouse sports programming into one giant streaming package A lawsuit is being filed. The planned service will offer streaming of a full range […]
Bears should learn from Giants’ Daniel Jones mistake: Kurt Warner
As the Bears consider decisions that could set the tone for the entire NFL offseason, one Hall of Fame quarterback’s advice is to learn from the Giants’ recent mistakes. Will the Bears stick with quarterback Justin Fields and trade the No. 1 draft pick, or repeat the decision they made last year by avoiding top-four […]
Disney, Fox, Warner Bros’ sports streaming deal faces DOJ probe: report
The Justice Department will scrutinize planned sports streaming platforms by Walt Disney Co., Fox Co. and Warner Bros. Discovery Inc. over concerns they could harm consumers, sports leagues and rivals. Bloomberg Law reported on Thursday. The report added that regulators will scrutinize the terms of the deal once it is finalized, citing two people familiar […]
Michael Burry bets on CNN parent Warner Bros. Discovery, restaurant firms
Hedge fund manager Michael Burry, known for his prescient comments ahead of the 2008 U.S. housing market crash, is closing out put option positions in semiconductor stocks while also investing in Warner Bros. in the fourth quarter of 2023. The company said in a securities report released on Wednesday that it had purchased shares in […]
NFL legend Kurt Warner recalls Super Bowl XXXIV’s most famous moment
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