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The Latest Breaking News from Jason Kilar

Amazon’s ‘flywheel’ created a $2.4 trillion company—Netflix’s blowout earnings show how the streaming company is replicating the tactic

More subscribers equal more revenue, which leads to more content investments, which lead to more engagement, which leads to more subscribers once again. And that’s before the ad business really starts clicking.

What's in Store for '24? FASTs Fall, Par Gets Sliced, Apple Takes a Bigger Bite

What's in Store for '24? FASTs Fall, Par Gets Sliced, Apple Takes a Bigger Bite

In a very special and forward-looking 'Next Text,' if you sarcastically come at David Bloom with the name 'Carnac,' you best not leave out 'The Magnificent'

Broadcasting & Cable

Disney got ‘The Simpsons’ and ‘Avatar.’ But some now see the Fox deal as a mistake

LOS ANGELES — Will history judge Walt Disney Co.'s $71.3 billion purchase of 21st Century Fox a success?

Los Angeles Times

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Warner Bros. axes $90 million ‘Batgirl’ movie. Directors ‘saddened and shocked’

LOS ANGELES — Warner Bros. has scrapped plans to release a nearly finished “Batgirl” movie that was planned for the streaming service HBO Max, according to two people familiar with the matter who were not authorized to speak publicly.

Los Angeles Times

Warner Bros. axes $90 million 'Batgirl' movie that had been planned for HBO Max

LOS ANGELES — Warner Bros. has scrapped plans to release a nearly finished "Batgirl" movie that was planned for the streaming service HBO Max, according to two people familiar with the matter who were not authorized to speak publicly.

Los Angeles Times

Disney ‘metaverse’ begins to take shape

LOS ANGELES — Walt Disney Co. has brought its characters to life in its theme parks and expanded its franchises through streaming services.

Los Angeles Times

Inside the chaotic collapse of CNN+

The tea leaves were there.

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Move Over Netflix? HBO Max Is Gaining Subscribers And Market Share

Move Over Netflix? HBO Max Is Gaining Subscribers And Market Share

Shares of streaming-related stocks were hammered this week after an earnings report from Netflix Inc (NASDAQ: NFLX) saw a decline in quarterly subscribers. One streaming company reported a strong gain in the same quarter and could be taking market share from Netflix.

Why Warner Bros.Discovery Shares Are Plunging Today

Why Warner Bros.Discovery Shares Are Plunging Today

Warner Bros.Discovery Inc (NASDAQ:WBD) is shutting down CNN's news streaming service CNN+ on April 30. The new management (formed after CNN's former parent company, WarnerMedia, merged with Discovery) decided to shut down the service following its March 29 launch. WBD CEO David Zaslav looks to house all of the company's brands under one…

Jon Stewart’s struggles add to list of streaming talk show flops

Streaming services have already proved that they can produce Oscar-winning movies, Emmy-worthy dramatic series and high-profile live sports. But there’s one genre that the new wave of home entertainment platforms have yet to figure out: talk shows.

Tribune News Service

Discovery Chief Overhauls Leadership After WarnerMedia Acquisition

Discovery Chief Overhauls Leadership After WarnerMedia Acquisition

Discovery, Inc. (NASDAQ:DISCA) CEO David Zaslav picked his lieutenants as senior leaders of the combined group after acquiring WarnerMedia from AT&T Inc (NYSE: T), the Financial Times reports. The $43 billion merger of Warner and Discovery will likely close by April 8. JB Perrette, who has led Discovery's international and streaming businesses, is set to…

WarnerMedia CEO Departs One Week Before Discovery Merger

WarnerMedia CEO Departs One Week Before Discovery Merger

AT&T Inc (NYSE:T) WarnerMedia CEO Jason Kilar stepped down before Discovery, Inc (NASDAQ:DISCA) completed the acquisition of WarnerMedia, Variety reports. The transaction will be complete on April 11. The departure was likely as Discovery chief David Zaslav looked to run the combined company, Warner Bros. Discovery. Also Read: AT&T To Spin Off Interest In WarnerMedia…

CNN probe complete, yet mysteries on Cuomo, Zucker remain

CNN probe complete, yet mysteries on Cuomo, Zucker remain

CNN's parent company says its investigation into circumstances surrounding the firing of anchor Chris Cuomo and ouster of network chief Jeff Zucker is complete

The Independent UK

Second CNN executive exits in wake of internal Cuomo inquiry

Second CNN executive exits in wake of internal Cuomo inquiry

A second CNN executive is exiting the cable news network in the wake of an internal investigation

The Independent UK

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Tribune News Service

Allison Gollust, Jeff Zucker’s secret flame at CNN, resigns after investigation

NEW YORK — Allison Gollust, CNN’s chief marketing officer and the romantic partner of ousted CNN leader Jeff Zucker, resigned Tuesday.

CNN marketing chief Allison Gollust resigns following Jeff Zucker's exit

Zucker was ousted after it was found that he failed to properly disclose his relationship with Gollust.

Scandal plagues CNN parent WarnerMedia ahead of Discovery deal

AT&T will be able to offload several messy business headaches.

Analysis: Did Chris Cuomo Engineer Jeff Zucker's Fall From CNN Grace?

When CNN President Jeff Zucker announced his resignation on Feb.

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Los Angeles Times

CNN staffers grill their boss over Jeff Zucker resignation

NEW YORK — The sudden resignation of Jeff Zucker as president of CNN has shaken up the troops at the cable news network.

The Independent UK

CNN exec’s ouster rattles prominent staff at pivotal time

The abrupt ouster of CEO Jeff Zucker because of a workplace relationship has left some prominent employees feeling angry and uncertain about the direction of their network at a pivotal moment

"Punishment didn't fit the crime": CNN staffers demand answers over Zucker exit

"I do think that a very big decision was made today," said anchor Jim Acosta.

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