Warner Bros Discovery Inc
Warner Bros. Discovery stock falls as it writes down $9.1 billion, misses estimates
A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images Warner Bros. Discovery‘s stock dropped Wednesday after it reported a $9.1 billion write-down on its TV networks and missed analyst estimates on revenue. Here is how Warner Bros. Discovery […]
Read More
Disney raises streaming prices for Hulu, Disney+ and ESPN+
The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. Presley Ann | Getty Images Entertainment | Getty Images Disney is raising prices on its streaming platforms. Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month, according […]
Read More
Charles Barkley commits to staying at Warner Bros. Discovery’s TNT Sports no matter what happens to NBA
NBA analyst Charles Barkley talking on set before the New York Knicks game against the Cleveland Cavaliers at the then-Quicken Loans Arena in Cleveland, Ohio, on Oct. 25, 2016. David Dow | National Basketball Association | Getty Images Charles Barkley is not retiring and he is not leaving TNT Sports. The star broadcaster and National […]
Read More
Venu, a $42.99 per month sports streamer, has a tough marketing challenge to find an audience
Actor Jon Hamm playing Don Draper in Mad Men. Michael Yarish | AMC | AP Call Don Draper, Venu Sports may have a marketing problem The Disney, Fox and Warner Bros. Discovery jointly-owned streaming service said Thursday it will launch this fall at $42.99 per month. That’s much more expensive than Netflix, Max, Peacock or […]
Read More
Sports streaming venture Venu priced at $42.99 a month
A detail view of a broadcast camera is seen with the NFL crest and ESPN Monday Night Football logo on it during a game between the Chicago Bears and the Minnesota Vikings at Soldier Field in Chicago on Dec. 20, 2021. Icon Sportswire | Icon Sportswire | Getty Images Venu Sports, the sports streaming joint […]
Read More
Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
Adam Silver at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. David Grogan | CNBC Warner Bros. Discovery sued the National Basketball Association on Friday as it tries to maintain broadcast rights for a package of live games. “Given the NBA’s unjustified rejection of our matching of a third-party […]
Read More
Warner Bros. Discovery is counting on deregulation to unlock media deals — if there’s even appetite
David Zaslav at the Allen & Company Sun Valley Conference on July 9, 2024 in Sun Valley, Idaho. David Grogan | CNBC Comcast Chief Executive Officer Brian Roberts had a not-so-subtle message this week for Warner Bros. Discovery CEO David Zaslav: If you’re selling, I’m not buying. “Instead of engaging in a process to buy content […]
Read More
NBA says Amazon will be its new media partner, rebuffing Warner Bros. Discovery attempt to match deal
Luka Doncic #77 of the Dallas Mavericks shoots the ball against the Boston Celtics during Game 5 of the 2024 NBA Finals on June 17, 2024 at the TD Garden in Boston. Nathaniel S. Butler | National Basketball Association | Getty Images The National Basketball Association has told Warner Bros. Discovery it doesn’t intend to […]
Read More
CNBC Daily Open: Wall Street looks past political uncertainty
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City on July 22, 2024. Timothy A. Clary | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
Read More
Warner Bros. Discovery tells NBA it intends to match Amazon’s media rights package
Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights for a package of games earmarked for another company. Warner Bros. Discovery is targeting the deal between the NBC and Amazon Prime Video, according to a person familiar with the matter. “In an effort to […]
Read More