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The Latest Breaking News from WarnerMedia

Meet 9 CFOs from the Fortune 500 poised to make the jump to CEO

A seasoned executive recruiting expert identifies potential chief executives.

Fortune

Warner Bros. Discovery Stock Plunges On $10 Bn Quarterly Loss

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.

International Business Times

Tony Goncalves, Former WarnerMedia Exec, Joins Mediaprobe as Adviser

Media industry veteran recently started Evrose Group

Broadcasting & Cable

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Warner Bros. Discovery CEO David Zaslav Got 27% Raise to $49.7 Million in 2023

Other top WBD execs also saw their compensation increase

Multichannel News

Warner Bros. Discovery avoids lawsuit over alleged financial deception

Warner Bros. Discovery escapes lawsuit alleging it hid financial information prior to the 2022 merger, as judge dismisses investor claims.

Top News

Big Deal: Warner Bros. Discovery Reportedly in Merger Talks With Paramount

CEO David Zaslav met with Paramount chief Bob Bakish, according to sources

Multichannel News

‘Rick and Morty’ Season 7 Streaming Release Date Revealed for Max — But What About Hulu?

'Rick and Morty' Season 7 will be streaming on one platform way sooner than you think. Here's the Adult Swim show's Max release date.

Inverse

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Warner to Disaggregate Max Anew, Set to Sell It Through YouTube Primetime Channels This Time

You can now sign up for the ad-free version of Max and stream it via the YouTube app

Broadcasting & Cable

David Zaslav is Hollywood's latest villain, but Wall Street predicts a plot twist

The Warner Bros. Discovery CEO is the ultimate penny-pinching entertainment and media mogul for the private-equity era. But can a more austere Hollywood still deliver hits?

Fortune

Rick and Morty co-creator breaks silence on Justin Roiland accusations: ‘I’m ashamed and heartbroken’

Roiland is accused of sexual misconduct by multiple women

The Independent UK

Warner Bros. Discovery To Add Streaming CNN Max to Max

Beta version of new 24/7 live news service to launch Sept. 27

Broadcasting & Cable

How GQ erased its article that was critical of Warner Bros. Discovery CEO David Zaslav

Within hours after it was published this week, a GQ article that took critical aim at David Zaslav, chief executive of Warner Bros. Discovery, had vanished.

Los Angeles Times

Trump's Own Attorney General Says Indictment Is 'Very, Very Damning'

Plus: Mark Zuckerberg reacts to the Twitter Files, CNN's lockdown hypocrisy, and more...

Reason

Wonder Women of Los Angeles 2023: Sharon Levy

CEO, Endemol Shine North America

Multichannel News

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Broadcasting & Cable

Upfronts 2023: Byron Allen Urges Media Buyers to Support His ‘Family Business’

Sponsorships will enable more investment and more opportunities

Investors Business Daily

AT&T Plunges As Free Cash Flow Misses, Wireless Growth Slows

AT&T earnings for the first quarter topped views while free cash flow missed estimates. T stock fell as wireless subscriber growth slowed.

Investors Business Daily

AT&T Earnings On Tap As Analysts Eye Wireless Growth, Free Cash Flow

Heading into the AT&T earnings report due Thursday, some investors are cautious despite the company's return to its telecom roots.

Broadcasting & Cable

After Carpet Bombing His Way to Better WBD Streaming Economics, Zaslav Effectively Lays Out a Rebuilding Plan With the Rebranded 'Max'

'We're going to drive free cash flow, and we're going to invest in premium stories,' the Warner Bros. Discovery CEO declares

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Los Angeles Times

HBO Max to be renamed Max in a bid for a bigger streaming audience

LOS ANGELES — Warner Bros. Discovery has stripped "HBO" from its streaming service name, which now will simply be called Max, signaling a new era for the company's streaming ambitions.

Broadcasting & Cable

Warner Bros. Discovery Officially Bows Max, Its Combined Streaming Service

Launch set for May 23 with prices unchanged

Cinemablend

The Big Bang Theory And Conjuring Are Getting New Shows On The Freshly Re-Named Max

Among Warner Bros. big announcements for its streaming service are upcoming TV shows from a beloved horror property and sitcom franchise.

Reason

Elizabeth Warren Wants the Government To Save Batgirl

Companies make decisions all the time, some of them regrettable and unfortunate, that shouldn't be any of the government's business.

Multichannel News

Members of Congress Urge Review of Discovery-WarnerMedia Merger

Sen. Elizabeth Warren, Rep David Cicilline lead group highlighting effect on jobs and competition in the industry and reduced choice for media consumers

Los Angeles Times

Warner Bros. Discovery called out for scrapping Latino programs, cutting CNN jobs after merger

Four Democrats in Congress have asked the U.S. Department of Justice to review the Warner Bros. Discovery merger, alleging the deal is responsible for "hollowing out an iconic American studio."

Cinemablend

Barry: Why Fans Should Be Grateful Bill Hader's HBO Show Is Ending With Season 4

Barry is ending with Season 4, and while that may bum some fans out, we should be grateful.

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