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The Latest Breaking News from Warner Bros Discovery Inc

Paramount Uses Trump's Son-In-Law Kushner, Sovereign Fund To Counter Netflix's WBD Bid—Experts Warn Of Risky 'Monolith' Despite Streaming Dominance

Paramount Skydance Corp. (NASDAQ:PSKY) has launched a hostile $108 billion bid for Warner Bros Discovery Inc. (NASDAQ:WBD), backed by financing from Jared Kushner's Affinity Partners and Middle Eastern sovereign wealth funds.

Benzinga

Elizabeth Warren Sounds 'Five-Alarm Antitrust Fire' On Paramount-Warner Bros Merger: Warns Trump Allies And Foreign Investors Are Backing The Deal

Sen. Elizabeth Warren (D-Mass.) is sounding the alarm over a potential merger between Paramount Skydance Corp. (NASDAQ:PSKY) and Warner Bros Discovery Inc. (NASDAQ:WBD), while urging regulators to ignore political pressure as they evaluate the deal.

Benzinga

Netflix Stock Tumbles: What's Going On?

Shares of Netflix, Inc. (NASDAQ:NFLX) are falling Monday after Paramount challenged the streaming service’s winning bid for parts of Warner Bros. Discovery, Inc.

Benzinga

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Netflix-Warner Mega Merger A 'Disaster For America,' Says This Anti-Monopolist: Likely To Face Significant 'Political And Antitrust Hurdles'

Streaming giant Netflix Inc.’s (NASDAQ:NFLX) $82.7 billion merger with mass media conglomerate Warner Bros Discovery Inc. (NASDAQ:WBD) is drawing sharp criticism from antitrust advocates, such as Matt Stoller of the American Economic Liberties Project, a non-profit founded to combat monopolist corporations.

Benzinga

Netflix's $82 Billion Warner Bros Deal Could Tilt This Big ETF's Balance

Netflix Inc’s (NASDAQ:NFLX) $82 billion deal to buy Warner Bros Discovery Inc’s (NASDAQ:WBD) studio and streaming assets may reshape Hollywood for the next century, but its most immediate effect is headed straight for the ETF market.

Benzinga

Warner Bros., Ford, General Motors Are Among the Top 10 Large-Cap Gainers Last Week (Oct. 20-Oct. 24): Are the Others in Your Portfolio?

These ten large-cap stocks were top performers last week. Are they a part of your portfolio?

Benzinga

Paramount Wants Barbie Magic, But Warner Bros Debt Looks Like Mission Impossible

Investors betting on a Paramount Skydance Corp (NASDAQ:PSKY)–Warner Bros Discovery Inc (NASDAQ:WBD) tie-up aren't just buying into a flashy studio mash-up; they're staring down a high-stakes reshaping of Hollywood's balance of power.

Benzinga

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Two bold, vibrant recipes from Asma Khan’s ‘Secrets of the Curry Kitchen’

The Darjeeling Express chef shares her take on Indian-style steak and a speedy mushroom chow mein – packed with flavour, easy to master and ready in minutes

The Independent UK

Asma Khan wants you to stop overthinking Indian food

The celebrated chef and star of ‘Secrets of the Curry Kitchen’ on why there’s room for both korma and kale saag – and how Indian cooking is simpler, quicker and healthier than you think

The Independent UK

Blade Runner 2049 producers sue Elon Musk, Tesla, and Warner over AI-generated image used in Cybercab promotional event

Alcon Entertainment refused to grant permission to use Blade Runner 2049 images in the event, so Tesla used an AI-generated fake instead.

PC Gamer

‘Diablo 4’ Was A Summer Best-Seller But Sales Slow, PlayStation 5 Dominates Hardware Sales

Activision Blizzard Inc.'s "Diablo 4" became the best-selling game in the U

Zenger

Democrats Push The Department Of Justice To Investigate Warner Bros. Discovery Merger

Democrats are asking the DOJ to investigate Warner Bros., Say Deal Is Responsible For 'Hollowing Out An Iconic American Studio'

Zenger

1 Entertainment Stock to Own in 2023 and 2 to Sell if You Haven’t Already

The entertainment industry has been under pressure due to macroeconomic headwinds. Moreover, the industry is struggling amid the ad recession, which is marring growth. However, the industry’s long-term prospects look bright as it is evolving with new technologies. While we think fundamentally strong entertainment stock AMC Networks (AMCX) might be…

StockNews.com

Now Is Not the Time to Buy This Entertainment Stock

Warner Bros. Discovery’s (WBD) troubles don’t appear to have ended, as the company expects its restructuring charges to rise by another $1 billion. The company has accumulated significant debt and missed the consensus revenue and EPS estimate in the last quarter. Amid this backdrop, it may not be worth adding…

StockNews.com

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The Best Entertainment Stock to Buy Right Now and 3 to Avoid

Record-high inflation has impacted the entertainment industry adversely, with consumers cutting back on their discretionary spending. However, the industry’s long-term prospects look promising with continued technological advancements. While we think it could be wise to avoid fundamentally weak entertainment stocks, Walt Disney (DIS), Warner Bros. (WBD), and Dolphin Entertainment (DLPN),…

StockNews.com

1 Entertainment Stock to Hold off From Buying in 2022

Entertainment and media giant Warner Bros. Discovery (WBD) recently dismissed many of its employees from the ad sales department. Moreover, the stock has lost nearly 55% in price over the past year. And given its negative profitability and bleak bottom line, it might be wise to avoid WBD now. Keep…

StockNews.com

2 Entertainment Stocks to Avoid and 1 to Buy This Fall

Record-high inflation has been taking a toll on the entertainment industry as consumers cut their entertainment expenses. However, the industry’s long-term prospects look impressive. While we think investors should avoid fundamentally weak entertainment stocks Warner Bros. (WBD) and AMC Entertainment (AMC) this fall, Comcast (CMCSA) could be a quality investment.…

StockNews.com

3 Stocks You Don't Want to Buy on the Bottom

August inflation figures remained unrestrained despite the Fed's consecutive rate hikes, and another significant hike seems evident next week. Given the rising recession fears, we think fundamentally weak stocks Warner Bros. (WBD), Snap (SNAP), and ChargePoint (CHPT), which are trading near their 52-week lows, might be best avoided. Keep reading….

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StockNews.com

3 Downgraded Stocks to Avoid This Week

With the increasing odds of a recession, fundamentally weak stocks may struggle to find support anytime soon. Paypal Holdings (PYPL), Warner Bros. Discovery (WBD), and Farfetch Limited (FTCH) were recently downgraded in our proprietary rating system, given their weak fundamentals and growth attributes. So, it may be prudent to avoid…

StockNews.com

3 Entertainment Stocks to Turn off and One to Buy Now

Rapid technological progress and growing 5G deployment should bode well for the entertainment industry. However, we think it could be wise to avoid fundamentally weak stocks Warner Bros. (WBD), Chicken Soup for the Soul (CSSE), and Genius Brands (GNUS). On the contrary, with impressive financial prospects, News Corporation (NWSA) could…

Benzinga

Bill Maher Gets Schooled By His Own Guest On Inflation & The Stock Market (Video)

This article was originally published on June 21, 2022.

Benzinga

Could Joker And Harley Quinn Have A Bad Romance In Sequel? Here's Who The Studio Is Targeting To Play The Henchwoman

Musician and actress Lady Gaga is being targeted to play Harley Quinn in the highly anticipated “Joker 2” sequel movie. If Lady Gaga joins, the second movie could have a much different feel and even find itself in a new genre.

Benzinga

Speed Racer Coming To Apple: What Investors Should Know

Well-known and beloved Japanese media franchise Speed Racer is set to get another live-action adaptation. Here’s what we know so far.

StockNews.com

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.

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