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Warner Bros. Stock Jumps
Warner Bros Discovery sets stage for potential cable deal by splitting operations
Warner Bros Discovery on Thursday decided to separate its declining cable TV businesses such as CNN from streaming and studio operations such as Max, laying the groundwork for a potential sale or spinoff of its TV business as more cable subscribers cut the cord.
Warner Bros. Discovery strikes new distribution deal with Comcast
Warner Bros. Discovery reaches an agreement for Comcast Corp. to continue carrying its cable channels, including HBO, TNT, CNN and Animal Planet.
Warner Bros. Discovery stock surges as it restructures its business
Warner Bros. Discovery, CNN’s corporate parent, announced Thursday it is establishing a new corporate structure that splits its cable networks off from its growing streaming business.
Warner Bros. Discovery is separating out its cable channels, too
Since the combination that created Warner Bros. Discovery, we have transformed our business and improved our financial position while providing world class entertainment to global audiences,” WBD president and CEO David Zaslav said in a statement (via THR).
Warner Bros. Discovery separates TV networks from its streaming and studio business
Warner Bros. Discovery is separating its TV business including CNN from its streaming and studios. It illustrates a cable industry in decline.
Warner Bros. Discovery, Comcast Ink Distribution Deals Across Xfinity & Sky; Peacock Parent To Package Max, Discovery+ In Streaming Bundles
Comcast (and Warner Bros. Discovery have inked long-term agreements that will deliver WBD’s extensive portfolio of content to Xfinity and Sky UK and Ireland customers using Comcast’s global technology platform across linear television,
Warner Bros. Discovery, Comcast settle Harry Potter dispute
Although this might be exciting news for most Harry Potter fans, some were not as happy with the announcement, including one of Warner Bros. Discovery's most prominent partners. W
Warner Bros. Discovery restructures as cable struggles, setting stage for deals
Investors cheered the news that Warner Bros. Discovery planned to separate its cable channels, except for HBO, into a separate unit.
Top Comcast Exec Calls Warner Bros. Discovery Distribution Deal “Huge Win” That “Checked A Lot Of Boxes For Both”
A top Comcast exec called a new distribution agreement with Warner Bros. Discovery “a huge win” for media giant in terms of economics and flexibility.
Comcast Gets Max U.S. Bundling Rights Under Warner Bros. Discovery Renewal Deal
Comcast and Warner Bros. Discovery's distribution pact includes a provision that would let Comcast bundle Max in the U.S.
Warner Bros Discovery re-enters the spin zone
David Zaslav may rejoin the media M&A fray. The Warner Bros Discovery boss is reorganizing his assets into two key divisions, further isolating the media company’s dying TV networks. It comes after rival Comcast announced a full split.
6h
Warner Bros. Discovery Takes Step Toward Separating TV Channels From Studios Business
Warner Bros. Discovery, led by CEO David Zaslav, has become the latest Hollywood studio to rework its corporate structure ...
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David Zaslav just quieted some Wall Street critics as Warner Bros. Discovery shows it's fine without the NBA
Warner Bros. Discovery just landed a key deal with cable giant Comcast and can now save money while maintaining their TV ...
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Update: Comcast Likely to Lose Over 100,000 Broadband Customers in Fourth Quarter; Extends Partnership With Warner Bros
In the first two quarters of the year, the company lost just under 100,000 broadband customers per quarter, Comcast Cable Chief ...
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