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The Latest Breaking News from WarnerMedia

Warner Bros.Discovery Suspends External Marketing Spend For CNN+: Axios

Warner Bros.Discovery Inc (NASDAQ:WBD) suspended every external marketing spending for its recently launched streaming service CNN+ and laid off CNN's CFO Brad Ferrer, Axios reports. Discovery's current CFO for streaming and international, Neil Chugani, succeeded Ferrer. The report added that Warner Bros. Discovery looks to eliminate other high-level positions at WarnerMedia across…

Benzinga

Scoop: CNN+ looks doomed

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

Axios

Breaking Down AT&T's Stock After WarnerMedia Spin-Off

Nearly four years after fighting a hard battle to acquire WarnerMedia and accelerating its foray into the media business, AT&T (NYSE: T) has gone back to its roots to focus on being a telecommunications company.

Benzinga

From analysis to the latest developments in health,
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AT&T vs. Verizon: Which Telecom Stock is a Better Buy?

In this article I will analyze and compare AT&T (T) and Verizon Communications (VZ) to determine which telecom stock is currently a better investment.

StockNews.com

WarnerMedia, Discovery Complete Merger, Become Warner Bros Discovery

AT&T Inc's WarnerMedia unit and Discovery Inc have completed their merger, the companies said on Friday. The combined company, Warner Bros Discovery Inc, will start trading on the Nasdaq on Monday under the ticker symbol "WBD". In May last year, the companies set out to merge and become a standalone…

Asharq Al-Awsat

Discovery and WarnerMedia close $43 billion merger

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

Axios

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…

Benzinga

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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…

Benzinga

Why WarnerMedia’s Johnita Due Refuses to Stick to Sports

The executive’s commitment to diversity and inclusion runs deeper than any corporate mandate.

Sports Illustrated

Why Jim Cramer Prefers Nvidia To 3D Systems

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he doesn’t like the balance sheet of AT&T Inc (NYSE: T) and is also very concerned about the spin-off of WarnerMedia.

Benzinga

HBO Max, Discovery+ to combine into a single streaming service as part of merger

WarnerMedia’s new streaming service is going to offer everything cable once did: the newest movies, home renovation shows and Guy Fieri.

Tribune News Service

Disney, Warner Bros., Sony Pausing Film Releases in Russia over Ukraine Invasion

Hollywood studios Disney, Warner Bros., and Sony Pictures Entertainment said they would pause theatrical releases of upcoming films in Russia in response to its invasion of Ukraine and the unfolding humanitarian crisis. The Walt Disney Co said Monday it is pausing the release of theatrical films in Russia, starting with…

Asharq Al-Awsat

SAG Awards 2022: All the winners as Dame Helen Mirren wins Lifetime Achievement Award

Helen Mirren was presented the Lifetime Achievement Award at the 28th SAG Awards in Los Angeles on Sunday as fellow Brits struggled to win their categories

Daily Mirror

CNN probe complete, yet mysteries on Cuomo, Zucker remain

CNN's parent company says its investigation into circumstances surrounding the firing of anchor Chris Cuomo and ouster of network chief Jeff Zucker is complete

The Independent UK

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The Independent UK

Second CNN executive exits in wake of internal Cuomo inquiry

A second CNN executive is exiting the cable news network in the wake of an internal investigation

Tom’s Guide

How to watch Harry Potter movies in order

A guide on watching the Harry Potter movies in order of release and chronological events.

Los Angeles Times

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.

The Independent UK

Discovery: No US challenge to $43B WarnerMedia deal

U.S. antitrust regulators have not challenged the $43 billion combination of Discovery and AT&T’s WarnerMedia during a key review period, according to corporate securities filings, easing the way for the deal to close in the next few months

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Axios

U.S. antitrust officials approve WarnerMedia-Discovery merger

Dozens of Democratic officials had raised antitrust concerns about the deal.

Axios

Scandal plagues CNN parent WarnerMedia ahead of Discovery deal

AT&T will be able to offload several messy business headaches.

Los Angeles Times

CNN staffers grill their boss over Jeff Zucker resignation

NEW YORK — The sudden resignation of Jeff Zucker as president of CNN has shaken up the troops at the cable news network.

Tribune News Service

Jeff Zucker leaves CNN in limbo with streaming launch weeks away

Jeff Zucker’s resignation from CNN leaves the cable news network without its charismatic leader at one of the most consequential moments in its 41-year history.

Axios

The Cuomos' featured role in Jeff Zucker's demise

Former Gov. Cuomo's profile soared thanks to CNN airtime.

Benzinga

PreMarket Prep Stock Of The Day: AT&T Spins Out

If you are surprised by the announcement of a dividend cut and the spinoff of WarnerMedia by AT&T (NYSE: T), you shouldn't be.

Benzinga

AT&T To Spin Off Interest In WarnerMedia To Its Shareholders

AT&T Inc's (NYSE: T) board

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