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The Latest Breaking News from WBD

Warner Bros Discovery To Undergo Major Global Ad Sales Team Restructuring

Warner Bros. Discovery, Inc (NASDAQ:WBD) could downsize up to 30% or nearly 1,000 jobs in its global advertising sales team, Reuters reports. Warner offered members of its U.S. advertising sales team an option to leave the company voluntarily. The global advertising sales team has ~3,000 members. Also Read: Warner Bros. Discovery Registers 15%…

Benzinga

This Analyst Expects AT&T To Charge Customers For HBO Max After Latter Being Dropped From Unlimited Premium Plan

AT&T Inc (NYSE:T) reportedly dropped the free HBO Max promotion from its Unlimited Elite plan for its new top-tier plan, "Unlimited Premium." AT&T previously bundled HBO Max as a free "value-added" service since May 2020. It represented a critical go-to-market message over the last two years under AT&T's ownership of Warner Bros. Discovery, Inc (NASDAQ:WBD). …

Benzinga

BT-Warner Bros Discovery Sports Deal Invites UK Antitrust Inspection

BT Group Plc's (OTC:BTGOF) £633 million ($797 million) sports TV joint venture with Warner Bros Discovery, Inc (NASDAQ:WBD) is subject to antitrust scrutiny from the U.K.'s competition watchdog, Bloomberg reports. The Competition and Markets Authority enquired whether the transaction could raise competition concerns. Accordingly, CMA will decide whether to move to an in-depth probe…

Benzinga

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People on the move: key North East appointments and promotions of the week

Companies making announcements this week include Womble Bond Dickinson, Vistry Partnerships North East and Swinburne Maddison

Birmingham Post

Comcast vs. Warner Bros. Discovery: Which Entertainment Stock is a Better Buy?

With the increasing penetration of blockchain-based digital assets and streaming services, the entertainment industry is poised to grow. So, Comcast Corporation (CMCSA) and Warner Bros. Discovery (WBD) should benefit. But which of these two stocks is a better buy now? Read more to learn our view.

StockNews.com

BT-Warner Bros Discovery Collaborate Over Premium Sports in UK and Ireland

BT Group Plc (OTC:BTGOF) concluded its long-awaited deal with Warner Bros Discovery, Inc (NASDAQ:WBD) to form a joint venture for its sports business as it reinstated its full-year dividend. BT will receive £93 million from Warner Bros Discovery and up to £540 million on an earn-out subject to the accomplishment of specific goals. In February, BT announced…

Benzinga

Should You Invest in Warner Bros. Discovery Stock?

Despite posting solid earnings growth, shares of Warner Bros. Discovery (WBD) slid nearly 12% in price after the company published its most recent quarterly report. However, given the recent merger between WarnerMedia and Discovery, can the stock rebound in the near term? Read on.

StockNews.com

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2 Streaming Stocks to Avoid Following Netflix's Subscriber Loss

Last week Netflix reported significant subscriber loss, due to account sharing, increasing inflation, and exit from Russia operations is expected to have a ripple effect in the streaming space, it could be wise to avoid Warner Bros. Discovery (WBD) and Paramount (PARA) that bank on streaming services.

StockNews.com

This Is What Whales Are Betting On Warner Bros.Discovery

Someone with a lot of money to spend has taken a bearish stance on Warner Bros.Discovery (NASDAQ:WBD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Warner Bros. Discovery Registers 15% Revenue Growth In Q1 Backed By Advertising, Distribution Revenue

Warner Bros. Discovery, Inc (NASDAQ: WBD) reported first-quarter FY22 revenue growth of 15% ex-FX year-on-year to $3.16 billion. Advertising revenue was up 5% Y/Y to $1.48 billion, and distribution revenue grew 9% Y/Y to $1.42 billion.

Benzinga

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…

Benzinga

Warner Bros.Discovery Suspends External Marketing Spend For CNN+: Axios

Warner Bros.Discovery Inc (NASDAQ:WBD) suspended every external marketing spending for its recently launched streaming service CNN+ and laid off CNN's CFO Brad Ferrer, Axios reports. Discovery's current CFO for streaming and international, Neil Chugani, succeeded Ferrer. The report added that Warner Bros. Discovery looks to eliminate other high-level positions at WarnerMedia across…

Benzinga

CNN's News Streaming Service Struggles To Attract Viewers, Casting Doubt Over Its Future

Fewer than 10,000 people have watched Warner Bros.Discovery Inc's (NASDAQ:WBD) streaming service CNN+ daily since its March 29 launch, CNBC reports. Warner Bros. Discovery looks to cut hundreds of millions of investment dollars for the service, given concern over its future. Incoming CNN chief Chris Licht will join Warner Bros. Discovery on May…

Benzinga

Warner Bros. Discovery Will Hit The Ground Running, BofA Says

Warner Bros. Discovery (NASDAQ: WBD) has a strong management team and is getting ready to execute on multiple levels, according to BofA Securities.

Benzinga

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Benzinga

Analysts Give Thumbs Up To This Newly Formed Media Giant; Compare It To Disney

In 2021, AT&T Inc (NYSE:T) and Discovery Inc agreed to merge AT&T's WarnerMedia assets with Discovery Inc's platform to create a standalone global entertainment company, now known as Warner Bros.Discovery Inc (NASDAQ:WBD). Analysts are now comparing the new media firm with The Walt Disney Co (NYSE:DIS). Evercore ISI analyst Vijay Jayant upgraded WBD to Outperform from In-Line with a price target of $40,…

Benzinga

PreMarket Prep Stock Of The Day: AT&T

Depending on your quote provider, shares of AT&T (NYSE: T) may have been trading lower by $4.52 or higher by roughly $1.38 at $19.60 Monday. The reason for the disparity in price makes AT&T the PreMarket Prep Stock of the Day.

TechRadar

HBO Max: how to sign up, price, movies, TV shows, supported devices, features, and more

HBO Max has returned – here's what you need to know about the streaming service formerly known as Max.

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