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The Latest Breaking News from WBD

Warner Bros. Discovery Reports $966 Million First-Quarter Loss

Direct-to-consumer business adds 2 million subs, with EBITDA up 72%

Multichannel News

Disney and Warner Set to Bundle Disney Plus, Max and Hulu Starting This Summer

Media companies call their triple streaming play 'the best value in entertainment,' but no price or specific launch day was revealed

Broadcasting & Cable

Max subscription prices are about to go up again — yup, streaming is becoming cable

Warner Bros. Discovery is still recovering from its merger and more cost cutting measures and price hikes are in the pipeline for the company this year.

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Warner Bros. Discovery Reportedly Plans To Cut More Jobs and Budgets, Raise Max Streaming Price

Finishing 2023 with more than $44 billion of debt, media conglomerate looks for more appendages to chop off

Broadcasting & Cable

David Zaslav Sidesteps NBA and Paramount M&A Questions at Milken Conference, Bombastically Declares That Exec Pay Should Align With Stock Price

‘We love the NBA,’ the Warner Bros. Discovery CEO said

Broadcasting & Cable

Why Audiences Have Turned on Jerry Seinfeld and Other Mysteries of the Media-Entertainment Cosmos

Our latest ‘Next Text’ also ponders, is the NBA In-Season Tournament dead … like TNT? And when addressing Paramount’s ‘Office of the CEO,’ which set of eyes do you look into?

Broadcasting & Cable

Fubo, Dish, DirecTV & Others Urge Congress to Probe New Sports Streaming JV

A joint letter said that the new WBD, Disney, Fox streaming JV raises “serious competition concerns”

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Don’t Count Out TNT in Battle With NBC to Keep NBA Package

A sports business reporter says he's positive about TNT's chances to remain an NBA partner.

Sports Illustrated

Are Kenny, Chuckster and 'Inside the NBA' Moving to Amazon?

Also in our latest 'Next Text,' we mark our calendars for FX and Hulu's 'Clipped,' break down the latest on the Paramount sale, and we take fixed wireless and cable mobile to the ol' gravel pit where they belong

Broadcasting & Cable

Warner Bros. Discovery Launches Olli First-Party Data Platform

Initial users are IPG Mediabrands, OMG, RPA, Wayfair

Broadcasting & Cable

John Malone Quits Director Emeritus Role at Charter Amid Antitrust Concerns

The Clayton Act says Malone’s serving simultaneously on the boards of Charter and Warner Bros. Discovery is a no-no

Broadcasting & Cable

Post Office was urged by external lawyers to ‘suppress’ key document, inquiry hears

Email was sent suggesting postal company should withhold disclosing investigation guidelines

The Guardian - UK

Axe falls on Newshub as Stuff enters NZ broadcast mix

From July, Media company Stuff will produce a nightly bulletin for New Zealand's only commercial broadcasters Three, replacing its Newshub newsroom.

AAP

DirecTV and Dish Back Fubo in Its Spulu Antitrust Suit

DirecTV tells the New York federal court overseeing the complaint that it has ‘grave concerns’ about the Disney, Fox and Warner Bros. joint venture

Broadcasting & Cable

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Broadcasting & Cable

Next Warner Bros. NBA Contract Will Double to Around $21 Billion Over 9 Years, Analyst Predicts

Despite a significant ramp-up, WBD will get fewer NBA games as part of its next deal, MofettNathanson's Robert Fishman also forecasts

Broadcasting & Cable

Steven Miron, Steven Newhouse Step Down From Warner Bros. Discovery Board

Company cites DOJ notice of ‘antitrust’ investigation

Broadcasting & Cable

Warner Bros. Discovery Brings Candy Crush To Life in Branded Content

Campaign promotes annual $1 million Candy Crush All Stars tournament

Broadcasting & Cable

By ‘DTC,’ They Meant ‘Direct to Charter’

In this week’s ‘Next Text,’ we call out the Dodgers’ RSN distribution, Warner's far-fetched DC ambitions, and (of course) Shari’s latest offer

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TV Tech

Warner Bros. Discovery to Launch Max in Europe Beginning May 21

Max Will be available first in the Nordics, Iberia, and Central and Eastern Europe

Broadcasting & Cable

Warner Sets Rollout Date for Max in Europe

The platform will first debut in The Nordics, Iberia, and Central and Eastern Europe, where it will subsume the legacy HBO Max and feature season 2 of 'House of the Dragon' and wall-to-wall coverage of this summer's Paris Olympic Games

Multichannel News

Warner Bros. Discovery Strikes Bellator MMA Media Rights Deal

Max to air eight Bellator championship events, truTV to televise Bellator-themed content

Multichannel News

Former Apple and Hulu Exec Pete Distad Tapped to Head Spulu

Distad was earlier reported as a favorite to become CEO of the Disney, Fox and Warner Bros. Discovery joint streaming venture

Cycling News

Select spring Classics now streamed for US fans via Max subscription platform

Warner Bros. Discovery announces international cycling coverage for Europe and partnerships for Canada, Australia

Broadcasting & Cable

Netflix's Dan Lin Hire, WBD's Investor Wealth Fire, CNN's Ratings Mire, and 'Dune's' Week 2 Funeral Pyre

Also in this week's 'Next Text,' one of us once again chooses emotion over sound prognostication and picks 'The Holdovers' to win Best Picture

Top News

New Celebrity Renovation Show 'Juntos En Acción' Premiering 2024

Discover 'Juntos en Acción,' a Spanish-language renovation reality show with celebrity involvement and impactful community projects.

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