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The Latest Breaking News from Warner

Just over a year after it launched on PC, Warner Bros is shutting down Harry Potter: Magic Awakened

NetEase will continue to operate the free-to-play Potter game in Asia, but its days are numbered everywhere else.

PC Gamer

Why Is WBD Paying $8.5 Billion For a Physical Studio ... While It's $38 Billion in Debt and AI Production Is Dawning?

Also in this week's 'Next Text,' we break down Kamala Harris' Bigger DNC crowd sizes, and we look at how the Venu Sports guys really messed up

Broadcasting & Cable

‘They couldn’t even afford a bag of chips!’: Scotland’s great lost all-female bands

From the Edinburgh duo who toured with the Beatles to the ribbon-festooned Strawberry Switchblade, Scotland produced thrilling girl bands. So why couldn’t they sustain their success? A new film tells their stories

The Guardian - UK

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Fubo shares surge after ESPN, Fox, and Warner's Venu sports app is blocked

Fubo's share price is soaring after it won a temporary injunction against Venu's debut later this week.

Fortune

Is Warner Bros. Discovery's Financial Health Really 'Better Than It Appears'?

Also in this week's 'Next Text,' we kick the tires on Venu Sports' future, whether 'home entertainment' still exists ... and those who would doubt Caleb Williams

Broadcasting & Cable

Warner Bros. Is About to Make The Smartest Decision Ever For Batman Games

WB licensing out DC characters and other IP could be for the best.

Inverse

Warner Stock Plunges to All-Time Low Following $9 Billion Q2 Write-Down

After losing the NBA and swinging back to a quarterly loss on streaming, investor optimism begins to fade

Multichannel News

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Warner Bros execs pine for the Hogwarts Legacy glory days as games revenue plummets 41% thanks to Suicide Squad's abysmal performance

If you're not a finance whizz like me: That's bad.

PC Gamer

The Most Inventive RPG System of the Century Might Disappear Forever

A report claims Warner Bros Discovery is looking to sell stakes in its video game business, and one of the most inventive systems seen in games could get lost.

Inverse

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.

That’s All Folks: Warner Bros. Discovery to Shut Down Boomerang Streaming Service

Boomerang’s collection of classic animated content to shift to Max

Multichannel News

Legal Precedent Favors the NBA in Wrestling Match Against Warner Bros. Discovery

Two decades ago, Barry Diller and his USA Networks failed in their quest to bring back Vince McMahon's erstwhile WWF with a very similar lawsuit

Broadcasting & Cable

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

CNBC says media giant will take the league to court.

Fortune

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Broadcasting & Cable

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

Multichannel News

NBA Says Warner ‘Didn’t Match the Terms’ of Amazon’s Proposal, Enters Long-Term TV Deal With Online Retail Giant

The league says it has officially signed 11-year TV contracts with Disney, NBCUniversal and Amazon

Broadcasting & Cable

Warner Bros. Discovery Faces Monday Deadline to Match NBA Bids From NBCU, Amazon

Amazon has reportedly put together a poison pill that would require WBD to come up with $5.4 billion immediately in order to match its offer

PC Gamer

Brainiac was right: Freeze is coming to Suicide Squad: Kill the Justice League next week, but it may not be quite who you were expecting

She's the chillest supervillain of all.

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Sky and HBO give us the Game of Thrones news we most wanted to hear

There be more dragons ahead as season 3 of House of the Dragon has been commissioned.

Multichannel News

NBA-Bereft Warner Bros. Discovery Pays $650 Million for 10 Years of French Open U.S. TV Rights

Annual late-spring pro-tennis tournament will shift from NBCUniversal to WBD linear channels and Max starting in 2025

Broadcasting & Cable

NBA Closing In on $76 Billion in TV Money Over 11 Years … With No TNT

WSJ says NBCU will get close to 100 games for $2.5 billion a season, with half of them streaming exclusively on Peacock

Broadcasting & Cable

Furious Charles Barkley Rips Into Warner 'Clowns,' Says They've 'Screwed Up' NBA Renewal Negotiations 'So Badly'

The 'Inside the NBA' star says he's talking with Shaquille O'Neal, Kenny Smith and Ernie Johnson about continuing the TNT show under his own production banner

Broadcasting & Cable

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

Is Roger Goodell Spreading the NFL's Love Too Thin?

Also in this week's Next Text, Venu takes a shot to the vowels, AI gets more hype ... and we ponder whether it's MLB, and not the game of baseball, that's boring

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