Warner Bros. Discovery, Inc. (WBD)
Warner Bros Discovery (basically) admits its merger didn't work
Discovery merged with WarnerMedia back in 2022 to create Warner Bros Discovery. Investors hate the outcome.
NBA sends media terms to Warner Bros. Discovery, officially starting five-day match period
Warner Bros. Discovery received paperwork from the NBA on Wednesday night, starting a five-day window where it can use its matching rights on a package of NBA games.
Warner Bros Discovery reportedly considering break-up to boost share price
Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) is considering a plan to spin off its digital streaming and movie studio businesses from its TV networks to lift its share price, according to a Financial Times report on Thursday. Investors welcomed news of the break-up plan, which Bank of American Global Research analysts said could yield greater shareholder value, sending shares of Warner Bros Discovery up 5.2% at US$8.76 in the early afternoon.
WBD Stock Pops as Warner Bros. Considers Streaming Spinoff
Warner Bros. (NASDAQ: WBD ) stock is in the news Thursday as investors react to reports that the entertainment company is considering a spinoff of its streaming division.
Warner Bros. Discovery reportedly mulls breaking up media giant to boost sagging stock
Warner Bros. Discovery, the parent company of CNN and HBO, is reportedly weighing a plan to split its digital streaming and studio businesses from its legacy television networks in order to boost its sinking share price — just two years after the mega-merger.
Will a Breakup of Warner Bros Discovery Save Shareholders?
24/7 Insights Reports indicate that Warner Bros. Discovery Inc.
Warner Bros. Discovery Intends To Match Amazon's NBA Rights Deal
NBA incumbent Warner Bros. Discovery plans to match Amazon's new basketball rights deal that's said to be in the $1.8 billion range, Deadline hears.
Warner Bros. Discovery to lay off nearly 1,000 staffers amid calls from analyst to ‘explore stategic options'
Warner Bros. Discovery reportedly is slashing 1,000 jobs as the struggling media giant faces calls to sell off assets that include ratings-challenged CNN.
Warner Bros Layoffs 2024: What to Know About the Latest Round of WBD Job Cuts
Warner Bros (NASDAQ: WBD ) layoffs are a hot topic on Wednesday as the entertainment company tightens its belt with more job cuts. This has Warner Bros reportedly laying off roughly 1,000 workers.
‘About $600 million': That's how much profit Warner Bros. could miss out on each year if it loses the NBA
The most seismic contract negotiation in basketball this offseason isn't between an All-Star player and a team. It's between the NBA and its TV partners.
Warner Bros. Discovery is laying more people off.
Warner Bros. Discovery is planning to lay off somewhere under 1,000 employees, according to reports and a person familiar with the matter, the latest cuts for the media company after its formation more than two years ago.
Warner Bros Discovery rises after BofA says possible sale of assets likely beneficial
Shares of Warner Bros Discovery rose more than 6% on Tuesday after Bank of America (BofA) Global Research said the company could create more value for its shareholders if it explored strategic options, including a potential sale.
