Warner Bros Execs Resign After DoJ Investigates Anti-Trust Violations
Two executives at Warner Bros. Discovery, Stephen Miron and Stephen Newhouse, resigned from the company’s board after being told by the Justice Department that they were being investigated for antitrust violations. Following their resignations, the Board of Directors adopted a resolution to reduce the number of directors from 13 to 11.around variety: Mr. Miron and […]
Mark Warner celebrates Democrats rebuilding ‘critical’ NATO alliance after Trump ‘weakened’ it
On NATO’s 75th anniversary, Sen. Mark Warner (D-VA) praised Democrats for their work on the alliance after former President Donald Trump “weakened” it. “After being deeply weakened by the former President, we’ve rebuilt this critical alliance, but its continued strength relies on us keeping our word and renewing aid to Ukraine,” Warner stated. Under the […]
Pete Distad to lead sports streaming service from ESPN, Fox, Warner Bros. Discovery
Former Apple executive Pete Distad has been tapped to run the upcoming joint sports streaming service between Warner Bros. Discovery, ESPN and Fox. Distad, 50, will oversee strategy, distribution, marketing and sales for the as-yet-unnamed new business, which is expected to debut in the fall. The veteran executive has extensive experience with streaming services. He […]
Gerald Levin, former Time Warner Media CEO, dead at 84
Gerald Levin, who led Time Warner Media through its disastrous $182 billion merger with internet provider America Online, died Wednesday at the age of 84, according to media reports. Levin had been diagnosed with Parkinson’s disease, but the cause of death was not immediately reported. The former executive’s grandson, Jake Myre Arlow, confirmed the death […]
Former Time Warner executive Gerald Levin dead at 84
Gerald Levin, a media executive who was one of the architects of the failed Time Warner-AOL merger in the early 2000s, died this week. Levin, 84, was diagnosed with Parkinson’s disease and lived in California. new york times report. Mr. Levin, one of the most powerful executives in an era when cable TV ratings were […]
Democrat Sen Warner cedes ‘Trump was right’ on TikTok being ‘enormous’ national security issue
Join Fox News for access to this content Plus, your account will give you exclusive access to select articles and other premium content for free. Please enter a valid email address. Enter your email address[続行]By pressing , you agree to Fox News’ Terms of Use and Privacy Policy, including notice of financial incentives. Please check […]
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 […]