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The Latest Breaking News from WBD

Lawmakers Urge DoJ to Review Warner Bros. Discovery Merger

Four Democratic lawmakers have asked the DoJ to “investigate the state of competition” in labor and consumer markets impacted by the deal

TV Tech

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

Multichannel News

Warner Bros. 'Near Deal' on 'Harry Potter' Streaming Series for Max (Report)

The Bloomberg report jibes with WBD management's publicly declared fondness for established, beaten-into-the-ground franchises

Broadcasting & Cable

From analysis to the latest developments in health,
read the most diverse news in one place.

CNN Pivots to the Political Center, but No One Is Around to Watch

Under John Malone’s mandate, Warner Disco chief David Zaslav hired a morning show producer to reorient a cable news channel deemed too woke by the far right. But a year into Chris Licht’s term, the audience has gone to sleep

Broadcasting & Cable

HBO Max's streaming successor will be revealed very soon

Warner Bros. Discovery announces when it'll officially unveil its new super streamer, which will replace HBO Max and Discovery Plus.

TechRadar

Warner Bros. Discovery Chief David Zaslav's Pay Dropped to Just $39.3 Million in 2022

Downsized figure comes after stock options pushed the CEO's compensation to over $246 million in 2021

Broadcasting & Cable

3 reasons why I'm worried about HBO Max

Our streaming editor wonders aloud about ways the best streaming service may lose the throne.

Tom’s Guide

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3 Streaming Stocks You Want No Part Of

Streaming stocks faced a rough year in 2022 as subscriber growth slowed amid concerns about high inflation and macro uncertainties. Therefore, it could be wise to avoid fundamentally weak streaming stocks Warner Bros. (WBD), Paramount Global (PARA), and World Wrestling (WWE), given their weak fundamentals. Read more….

StockNews.com

Amazon’s $500 Million ‘Lord of the Rings’ Series Was the ‘Peak of the Bubble,’ Says Analyst Who Predicts Content Spending Will Increase by Just 1% in 2023

The party‘s definitely over now, says MoffettNathanson‘s Robert Fishman, as media moves into the ‘post-Streaming Wars’

Broadcasting & Cable

Will 'The Last of Us’ Be the Last of HBO’s Great Run? (Bloom)

Warner Bros. Discovery keeps hacking at its farm system, but can it keep finding enough big-league creative talent to take the big swings executives say they plan to keep taking?

Broadcasting & Cable

North East business life: charity, community and award events in the region

This week's round-up includes Prima Cheese, Moody Logistics, Miller UK, Bradley Hall, WBD and Space Group

Birmingham Post

Lawyer urges shops to get clued up on knife sale laws or risk hefty fines

Businesses can be fined up to £1m if they fail to ensure blades are not sold to kids

Chronicle Live

Report: Ownership for Rockets, Astros television rights likely to change

Warner Bros. Discovery, which owns AT&T SportsNet channels, appears poised to exit the business. However, that probably won’t change much for #Rockets broadcasts.

USA Today Sports Media Group

Charles Barkley Opens Up About Potential CNN Show With Gayle King

CNN is recruiting the NBA analyst to co-host a show with King.

Sports Illustrated

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The Independent UK

Why is BT Sport being rebranded to TNT Sports? Eurosport merger explained

BT Sport’s renaming follows a merger with Eurosport-owners Warner Bros Discovery

Football London

Why BT Sport is rebranding to TNT Sports in major Premier League and Champions League decision

BT Sport has been televising Premier League and Champions League matches since 2013 but, following a takeover of the company, their TV channels are set to be subject to a rebranding

The Guardian - UK

Eurosport and BT Sport will disappear after TNT Sports rebrand

Master brand chosen for pay-TV channel as it is already used in international markets

StockNews.com

1 Entertainment Stock to Own in 2023 and 2 to Sell if You Haven’t Already

The entertainment industry has been under pressure due to macroeconomic headwinds. Moreover, the industry is struggling amid the ad recession, which is marring growth. However, the industry’s long-term prospects look bright as it is evolving with new technologies. While we think fundamentally strong entertainment stock AMC Networks (AMCX) might be…

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news in one place.

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Inverse

We Finally Know Where 'Westworld' Will be Available to Stream

The HBO series was unceremoniously dropped from HBO Max, but now it has a new home.

The Guardian - UK

BBC to keep Olympics rights until at least 2032

Deal with EBU and Warner Bros Discovery retains same coverage as existing agreement

The Independent UK

Olympics coverage to remain free-to-air on the BBC

The broadcaster will continue to provide coverage of the Games across all its platforms

StockNews.com

1 Entertainment Stock to Watch Right Now and 2 to Avoid

The entertainment industry’s long-term outlook looks promising due to constant evolution in response to changing consumer consumption patterns, technological advancements, and new business practices. Hence, we think it could be wise to add AMC Networks (AMCX) to your watchlist. However, with the record-high inflation tempering discretionary consumer spending, fundamentally weak…

StockNews.com

Now Is Not the Time to Buy This Entertainment Stock

Warner Bros. Discovery’s (WBD) troubles don’t appear to have ended, as the company expects its restructuring charges to rise by another $1 billion. The company has accumulated significant debt and missed the consensus revenue and EPS estimate in the last quarter. Amid this backdrop, it may not be worth adding…

StockNews.com

The Best Entertainment Stock to Buy Right Now and 3 to Avoid

Record-high inflation has impacted the entertainment industry adversely, with consumers cutting back on their discretionary spending. However, the industry’s long-term prospects look promising with continued technological advancements. While we think it could be wise to avoid fundamentally weak entertainment stocks, Walt Disney (DIS), Warner Bros. (WBD), and Dolphin Entertainment (DLPN),…

StockNews.com

2 Entertainment Stocks to Buy This Week and 1 to Sell

The entertainment industry has been evolving quickly, thanks to growing technological advancements and pandemic-led behavioral changes. Hence, it could be wise to buy fundamentally sound entertainment stocks TEGNA (TGNA) and Lee Enterprises (LEE) to capitalize on the industry’s tailwinds. However, given the macroeconomic headwinds, the struggling stock Warner Bros. (WBD)…

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