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EXCLUSIVE: The Warner Bros Motion Picture Group is undergoing 10% cuts in its workforce, we’ve learned. This follows Monday’s ...
The media giant will continue to leverage the firm's solutions across linear, streaming, digital and cross-platform campaigns ...
Despite a string of big hits, Warner Bros. Discovery's film division will lay off 10 percent of staff amid WBD's planned split into two companies.
David Zaslav will continue to lead Warner Bros., while current CFO Gunnar Wiedenfels is expected to helm Discovery Global ...
Bank of America research analyst Jessica Reif Ehrlich said Warner Bros. Discovery's cable TV assets are a "very logical partner" for Comcast's new spinoff company.
Would you like to own CNN, TNT, and the Discovery Channel? Warner Bros. Discovery owns them now — but wants to get rid of them. WBD's move follows a similar one Comcast announced a few months ago.
The TV company, meanwhile, will handle Warner’s global TV networks, as well as all digital brands (i.e. Discovery+, Bleacher Report, and CNN’s streaming products) associated with those channels.
Warner Bros. Discovery’s movie and TV production studios and streaming operation, soon to go back to its earlier name, HBO Max, will not be hit by the cutbacks.
Warner Bros. Discovery’s announced separation follows the industry’s latest M&A trend. In this case, separation is easy. Successfully shaping what comes next is the hard part.
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