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The Latest Breaking News from David Zaslav

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…

Scoop: CNN+ looks doomed

Scoop: CNN+ looks doomed

CNN execs think the launch has been successful. Discovery executives disagree.

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

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…

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Discovery and WarnerMedia close $43 billion merger

The new company immediately becomes one of the entertainment industry's biggest players alongside Disney and Netflix.

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

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…

CEO Pay Increases and Heads for New Record as Pandemic Recedes

Pay increases for U.S. chief executives have gained steam, putting compensation on pace to set a record amid a tight labor market that is also driving pay higher for many of their workers.

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US executives reap record pay as historic income gap with staff widens

US executives reap record pay as historic income gap with staff widens

Post-pandemic stock market rally delivers larger windfalls to bosses than to employees

Financial Times

CNN will dial down the prime-time partisanship under new top exec Chris Licht

CNN will dial down the prime-time partisanship under new top exec Chris Licht

Ratings are secondary to credibility, in the view of David Zaslav.

Discovery, WarnerMedia win Justice Department clearance for merger

Discovery Inc.'s takeover of WarnerMedia moved closer to completion after the U.S. Justice Department declined to challenge the deal.

Los Angeles Times

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