The Latest Breaking News from Warner Bros Discovery

Warner Bros. Discovery hit its 35th 52-week low on Tuesday. Gogo hit its 32nd of the past 12 months. The former also hit its 32nd 2-year low, while the latter had its 43rd 2-year low. While they’re both troubled companies, one is a better buy than the other. Here’s why.

7B minutes of coverage was viewed in Europe during the games as Max added a record number of new subscribers

Also in this week's 'Next Text,' we check in on Elon Musk's $44 billion propaganda machine, and we process all we loved (and loathed) about The Olympics

The decision will affect around 2,000 employees over the coming weeks.

Warner Bros. Discovery is reportedly considering licensing its intellectual property to other game studios.

Paramount Global announces layoffs and write-downs ahead of Skydance merger, reflecting industry shifts in traditional TV and print media, while streaming ...

WBD stock slumped after announcing major write downs and reporting reduced revenue for both networks and streaming

Almost all of the loss was down to a $9.1 billion write-down in the value of the US media giant's cable network, it announced in a statement, underscoring the challenges facing the legacy television industry.

The Harlem Globetrotters-esque baseball ‘team’ generates $10 million a year in live-event revenue

September S&P 500 E-Mini futures (ESU24) are trending up +0.91% this morning, extending the rebound from Monday’s dramatic selloff, supported by remarks from a senior Bank of Japan official ruling out further rate hikes during periods of market instability, while investors awaited a new batch of earnings reports.

Warner Bros. Discovery senior management is talking of selling games in order to avoid a total breakup and prevent triggering other complications.