The Latest Breaking News from Warner Bros Discovery

Westworld has been axed by HBO after the show struggled to pull in the viewers. While the creators hoped to create a fifth season, the forth will be the sci-fi series' last

LOS ANGELES — Warner Bros. Discovery Chief Executive David Zaslav addressed the significant cuts made at the company during the last six months, framing them as part of a fundamental “rethinking and reimagining” of how the media giant works as the entertainment industry endures a period of dramatic transformation.

Warner Bros. Discovery reports that it will incur up to $1.5 billion in costs to shrink the company, cancel programming and provide severance packages to laid-off workers, among other expenses.

The new economic reality means layoffs, hiring freezes, and other cost-cutting measures.

Best known as the home of Batman and Superman, DC Comics has a library of hundreds of comic book characters. Parent company Warner Bros Discovery (NASDAQ: WBD) now appears to have a new hit superhero movie from the DC Comics universe.

“Inside the NBA” begins its 34th season on Tuesday.

The wizarding world of Harry Potter has spawned a bestselling book series, high-grossing movies, theme parks and a strong licensed brand.

A leading fund manager is increasing exposure to the streaming market across several mutual funds.

Warner Bros. Discovery's rolling layoffs have come to its television division, the studio responsible for shows including "Ted Lasso," "Abbott Elementary" and "The Bachelor."