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The Latest Breaking News from Warner Bros Discovery

Paramount Global To Cut 15% Of US Staff, Take $6B Write-Down Ahead Of Skydance Merger

The decision will affect around 2,000 employees over the coming weeks.

International Business Times

Warner Bros. Discovery Considers Licensing Intellectual Property to Other Studios

Warner Bros. Discovery is reportedly considering licensing its intellectual property to other game studios.

Player One

Paramount Global To Lay Off 15% Of US Staff

Paramount Global announces layoffs and write-downs ahead of Skydance merger, reflecting industry shifts in traditional TV and print media, while streaming ...

Top News

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Warner Bros Discovery Adds 3.6M Streaming Subs, Writes Down Value of Its Cable Nets by $9.1B

WBD stock slumped after announcing major write downs and reporting reduced revenue for both networks and streaming

TV Tech

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

Turner Acquires Rights to the Savannah Bananas, Secures Charles Barkley, as It Searches For a Post-NBA Sports Future

The Harlem Globetrotters-esque baseball ‘team’ generates $10 million a year in live-event revenue

Broadcasting & Cable

S&P Futures Climb as Risk Sentiment Improves, Disney Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are trending up +0.91% this morning, extending the rebound from Monday’s dramatic selloff, supported by remarks from a senior Bank of Japan official ruling out further rate hikes during periods of market instability, while investors awaited a new batch of earnings reports.

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Warner Bros. Discovery Looking to Sell Games to Avoid Total Breakup

Warner Bros. Discovery senior management is talking of selling games in order to avoid a total breakup and prevent triggering other complications.

Player One

Fubo Loses 61,000 Subscribers But Reduces Losses in Fourth Quarter

Revenue grow 25%

Broadcasting & Cable

Max's new homepage should make it way easier to find things you actually want to watch

Max's new homepage personalization system helps you find movies and TV shows you actually want to watch.

TechRadar

I'm passing on Venu Sports — here's why the streaming service isn't for me

Venu Sports isn't for me, and it probably isn't for you. Here's why Venu's price has me passing on the sports streaming service from Disney, Fox and Warner Bros. Discovery.

Tom’s Guide

Max's New Homepage Aims to Fight Search Fatigue

Warner Bros. Discovery says the change has already increased viewer engagement

Broadcasting & Cable

The Disney Plus/Hulu/Max bundle sounds great — but I'm never going to subscribe

A bundle packaging together Disney Plus and Hulu with Max sounds like a great deal. But the way streaming services handle pricing make it hard to commit to these kinds of bundles.

Tom’s Guide

Warner Bros. Discovery Signs First-Look Film Deal In Asia

Warner Bros. Discovery partners with Jack Nguyen's Joat Films for Asia-centric adaptations of English-language movies, starting with a Korean remake of The...

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Amazon, Virgin and EE in talks with HBO to move Game of Thrones to their platforms

Warner's Max streaming service could launch in the UK after deal with Sky expires.

The Independent UK

New sports streaming service to start at a whopping $43 a month

The move is the latest development in the so-called ‘streaming wars’

Sports Illustrated

‘Pardon My Take’ Is Still Doing It Better Than Anyone in the Podcast Game

PMT’s annual Takie Awards is perfect and hilarious content.

Barchart

What Are Wall Street Analysts' Target Price for Warner Bros. Discovery Stock?

Although Warner Bros. Discovery has lagged behind the broader market over the past year, Wall Street analysts hold a cautiously optimistic view of the stock's potential.

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Broadcasting & Cable

Venu Sports Stays Below vMVPD Partners on Price

Disney, Warner and Fox announce what is perhaps the most crucial element of their streaming joint venture

The Independent UK

Venu Sports may be available for $42.99 per month with its planned launch targeted for fall

Venu Sports — the sports streaming platform planned by ESPN, Fox and Warner Bros

TV Tech

Max Drives WBD Olympics Viewing to Record Levels in Europe

After day two, European audiences had viewed more than 1B minutes and streaming audience numbers were already higher than those for the whole of Tokyo Olympics

The Independent UK

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.

TV Tech

Disney+, Hulu, Max Bundle Launches

Streaming package available in ad-supported and ad-free plans

USA Today Sports Media Group

Triumph the Insult Comic Dog roasted the idea that losing Inside the NBA is worth getting Roundball Rock back

Triumph the Insult Comic Dog is a voice of reason in difficult NBA times.

Fortune

Warner Bros. Discovery reportedly sues the NBA after 40-year partnership

CNBC says media giant will take the league to court.

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