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The Latest Breaking News from Gunnar Wiedenfels

From CFO to CEO: Gunnar Wiedenfels to lead global networks company after Warner Bros. Discovery’s 2026 split

Wiedenfels will step into his first chief executive role.

Fortune

CNN and HBO owner Warner Bros Discovery announces breakup plan

Shares jump 9% before market open as cable operations to be separated from streaming services

The Guardian - US

Warner Bros. Discovery splitting into two separate media companies – separating CNN from HBO Max

The announced split, which will take place next year, is yet another major media upheaval amid the ongoing cord-cutting that has endangered the cable business

The Independent UK

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Multiversus significantly underperformed, Warner Bros admits, but maybe its dedicated "Goth Girl Season" will be enough to pull everyone back

Save me goth girl

GamesRadar

We just learned more about Max's password-sharing crackdown – and more price hikes are coming too

Password crackdowns and price rises, our two favorite things...

TechRadar

Max is going to crack down on password sharing — what we know

If you're not paying for Max (or hooking a friend up), the free ride might be over.

Tom’s Guide

A Hogwarts Legacy sequel is one of Warner Bros' 'biggest priorities'

Expecto Cash-onum!

PC Gamer

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A Hogwarts Legacy sequel is a big priority for Warner Bros

Warner Bros. Discovery has said that a Hogwarts Legacy sequel is a big priority for the company.

TechRadar

Gunnar Wiedenfels: Warner Can Still Match Any Rival NBA Rights Offer … ‘But We’re Going to Be Disciplined’

WBD CFO’s maddeningly convoluted statement on the current state of NBA rights talks come amid reports that the league is ready to move on with new telecast partners

Broadcasting & Cable

NBA Reportedly Set to Finalize Deals With ESPN, Amazon and NBCU, Leave TNT and 'Inside the NBA' Behind

With telecast partners are about to sign written contracts worth $7.4 billion a season, Warner CFO Gunnar Wiedenfels still insists his company has the rights to match rival bids

Broadcasting & Cable

Stars Are Back for Upfronts, More Dollars May Follow as Well

Networks will push streaming, sports as they battle Big Tech for ad budgets

Multichannel News

Warner Bros. Discovery faces “generational disruption” dilemma after loading up on debt just as the TV ad market crashes

Investors recoiled at the news, sending the stock plummeting 19% and handing Zaslav his worst trading day in two years.

Fortune

Karma Comes Knocking at Warner Bros. Discovery’s Door

After announcing poor Q3 2023 earnings Wednesday, Warner Bros. Discovery’s stock is the worst-performing name in the S&P 500. And it’s not even close.

Barchart

Warner Bros. Discovery Expects To Exit RSN Business by Year-End

Networks in Denver, Houston, Pittsburgh and Seattle generated $400 million in revenue in 2022

Multichannel News

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Broadcasting & Cable

Warner Bros. Discovery Seeing Higher Volume in Upfront Market

Company making plans to add sports, news to Max

Broadcasting & Cable

Warner Bros. Discovery Chief David Zaslav's Pay Dropped to Just $39.3 Million in 2022

Downsized figure comes after stock options pushed the CEO's compensation to over $246 million in 2021

Broadcasting & Cable

Will 'The Last of Us’ Be the Last of HBO’s Great Run? (Bloom)

Warner Bros. Discovery keeps hacking at its farm system, but can it keep finding enough big-league creative talent to take the big swings executives say they plan to keep taking?

Los Angeles Times

Ready to pay more for streaming? This Warner Bros. Discovery executive thinks so

Gunnar Wiedenfels, the chief financial officer for Warner Bros. Discovery, believes you're not paying enough for your favorite streaming service.

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news in one place.

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Benzinga

Top Financial Stories Wednesday, September 14: Multiple Antitrust Setbacks For Google, Bitcoin Crashes, Visa Finds New Gun Control System Ineffective And More…

Reuters

Bangkok Post

Warner Bros. Discovery Weighs Free Ad-Supported Streaming Plan

Warner Bros. Discovery Inc. is exploring launching a free, ad-supported streaming service, its chief executive said, the latest effort by a streaming giant to reach a broader audience as the competition for users intensifies.

Investors Business Daily

Will Warner Bros. Discovery Shake Up Streaming Video Market?

AT&T's WarnerMedia division and Discovery are merging to form Warner Bros. Discovery, which hopes to lead the streaming video market.

Benzinga

Discovery CFO Confirms Merger With WarnerMedia's HBO Max App

Discovery Inc(NASDAQ: DISCA) CFO Gunnar Wiedenfels confirmed its merger with AT&T Inc (NYSE: T) WarnerMedia at the Deutsche Bank 30th Annual Media, Internet, & Telecom Conference, the Verge reports. Wiedenfels looks to bundle the two streaming services (Discovery Plus and HBO Max) into one offering. Wiedenfels believed that combining the two streaming services would better…

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