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The Latest Breaking News from David Zaslav

Warner Bros. Discovery Stock Plunges On $10 Bn Quarterly Loss

Almost all of the loss was down to a $9.1 billion write-down in the value of the US media giant's cable network, it announced in a statement, underscoring the challenges facing the legacy television industry.

International Business Times

Why It’s ‘Stupid’ for David Zaslav to Chase an NBA Package So Specifically Designed for Amazon

Also in this week’s ‘Next Text,’ we ponder Pete Rose’s next sports bet, the irresistible proposition of fixed wireless ... and a bleak but terrifyingly possible future in which we don’t get to vote anymore

Broadcasting & Cable

Parent company of TNT sues NBA for not accepting its matching offer

Warner Bros. Discovery has sued the NBA after the league did not accept the company’s matching offer for one of the packages in its upcoming 11-year media rights deal.

The Independent UK

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Warner and Turner Sue the NBA Over Failed Renewal Deal

Less than 48 hours after threatening the league with ‘action,’ media company gives it … the action … and we have the lawsuit here

Multichannel News

Warner Says It Will 'Take Appropriate Action' Against the NBA After Getting Spurned for Amazon

'We think [the NBA has] grossly misinterpreted our contractual rights with respect to the 2025-26 season and beyond,' declares TNT

Broadcasting & Cable

Warner Bros Discovery Eyes Split Of Streaming, Studio Businesses To Improve Stock Performance

CEO David Zaslav is reportedly evaluating various strategic moves, including selling certain assets or creating a new entity.

International Business Times

The NBA’s new broadcast deals are reportedly agreed to, which means the end for NBA on TNT may finally be here

It's not quite over for Inside the NBA just yet

USA Today Sports Media Group

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Harry Potter TV show — everything we know about HBO television reboot

HBO's Harry Potter TV show is set to be one of the most anticipated television events ever — here's what we know.

Tom’s Guide

WBD Taps Former Obama Press Secretary Robert Gibbs to Run PR

Warner CEO calls him ‘the right leader’ for the job

Multichannel News

MVP-Less NBA Finals See TV Ratings Crater at a Conspicuous $76 Billion Moment

Also in this week’s ‘Next Text,’ we watch the Clippers on TV for the first time ever in June, we try again to figure out how Shane Gillis has an audience … and that’s before Netflix’s ‘Hit Man’ sends us down a Richard Linklater rabbit hole

Broadcasting & Cable

Fox News ‘Weaponizes’ Post-Verdict (and Caitlin Clark) Outrage

Also in this week’s ‘Next Text,’ we look for good things that have come out of Kenosha, Wisconsin, and we stridently urge 57-year-old Mike Tyson to just retire already

Broadcasting & Cable

We're About to Find Out if TNT Actually Needs the NBA

WBD's CEO David Zaslav believes the company's global sports offering is enough to carry the company ahead.

Sports Illustrated

Zaslav: Warner Is Still a ‘Leader in Sports Around the World’ Without the NBA

Touting European assets like the Olympic Games, the Warner Bros. Discovery CEO sounds like a man moving on from failed NBA TV rights negotiations

Broadcasting & Cable

Charles Barkley Rips TNT Management For Non-Existent Communication Regarding NBA Future

Charles Barkley on TNT bosses: “They’ve done a really s---y job of keeping us abreast.

Sports Illustrated

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USA Today Sports Media Group

A New York Times reporter got shut down by every member of Inside The NBA (except Charles Barkley)

Charles Barkley's harsh words for TNT has seemingly kept other panelists from speaking out amid NBA rights negotiations

Broadcasting & Cable

Was 'Furiosa's' Fury Maxed Out By Hollywood's Modern, Safer and Saner Workplace Culture?

Also in this week's 'Next Text,' we salute joyful NBA legends and super-sizers of media innovation, kick the tires on Paramount's new carriage deal with Charter ... and kick yet more dirt at Zaz

Multichannel News

CNN Boss Mark Thompson’s Plan Includes More News in More Categories on More Devices (Upfronts)

New verticals on business, tech, health, entertainment could attract sponsors

Broadcasting & Cable

Why Roasts Are ‘Vile, Mean, Fascist’ Exercises in ‘Punching Down’ … That Netflix Will Probably Now Want To Do Again and Again

Also in this week’s ‘Next Text,’ we rediscover HBO's ‘Hacks,’ the NBC primetime schedule … and basic movie-theater civility

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Top News

New Lord Of The Rings Movie Confirmed For 2026 Release

Warner Bros. announces a new Lord of the Rings movie for 2026, exploring fresh storylines in Tolkien's world. Peter Jackson returns as producer.

Broadcasting & Cable

Third NBA Rights Option Emerges for David Zaslav and Warner Bros. — Match Amazon’s $1.8 Billion Bid

While telling analysts he didn’t want to discuss NBA negotiations during Thursday’s earnings call, the WBD CEO did want to remind them he could match any third-party offer

Kiplinger

Warner Bros. Discovery Stock Up After Earnings, Disney Plus Bundle Deal

Warner Bros. Discovery shares are higher Thursday after the media giant disclosed Q1 earnings and a bundle deal with Disney. Here's what you need to know.

Broadcasting & Cable

CEO David Zaslav On How Warner Bros. Discovery Is Using AI

Technology employed to improve advertising, content discovery, not content creation

The Guardian - UK

The Hunt for Gollum: Peter Jackson and Andy Serkis to work on new Lord of the Rings film

Film due to release in 2026 to be first in a new series, and will be directed by and star Serkis, who ‘has unfinished business with that stinker – Gollum!’

Multichannel News

Warner Bros. Discovery Reports $966 Million First-Quarter Loss

Direct-to-consumer business adds 2 million subs, with EBITDA up 72%

Total Film

A Gollum movie with Andy Serkis marks first of a new "batch" of Lord of the Rings movies – and Peter Jackson is involved "every step of the way"

Andy Serkis will return to direct and star in The Hunt for Gollum

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