Warner Bros Discovery Inc
Warner Bros. Discovery says it’s open to a sale; shares jump
Warner Bros. Discovery said Tuesday it’s expanding its strategic review of the business and is open to a sale, sending shares of the company 8% higher in premarket trading. Earlier this year, WBD announced plans to split into two separate entities, a streaming and studios business and a global networks business. It’s also been fielding […]
Read More
CNN ‘All Access’ streaming subscription to launch October 28 for $69.99 per year
The CNN building in Atlanta, Georgia, on Monday, May 17, 2021. Elijah Nouvelage | Bloomberg | Getty Images CNN is trying again at a full-service streaming subscription. The news network, owned by Warner Bros. Discovery, announced Thursday its “All Access” subscription will launch in the U.S. on October 28 and cost $6.99 per month or […]
Read More
Paramount Skydance to acquire Bari Weiss-founded Free Press
CBS News studio at Times Square in Manhattan, New York, United States of America, on July 6th, 2024. Beata Zawrzel | Nurphoto | Getty Images Paramount Skydance said Monday it has agreed to acquire online publication The Free Press, naming its co-founder and CEO, Bari Weiss, as CBS News’ editor-in-chief. The digital upstart publication, which […]
Read More
Why movie production has moved out of the U.S. — and what a tariff could mean for Hollywood
The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images There was a time when Hollywood simply referred to a neighborhood in the central region of Los Angeles. These days, “Hollywood” has come to represent the entire domestic entertainment business — and it’s at a crossroads. […]
Read More
Comcast names Mike Cavanagh as co-CEO alongside Brian Roberts
(L-R) Michael Cavanagh, then-chief financial officer of Comcast, talks with Brian Roberts, chief executive officer of Comcast, as they arrive for the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho. Drew Angerer | Getty Images Comcast announced Monday it’s named Mike Cavanagh as co-CEO alongside longtime leader Brian Roberts, […]
Read More
Stocks making the biggest premarket moves: Paccar, Intel, RH, Riot Platforms and more
Check out the companies making the biggest moves in premarket trading: Paccar — The maker of Peterbilt trucks jumped 7% after President Donald Trump said slapped a 25% tariff on imported heavy trucks starting Oct. 1. Intel — The chip company added 4.4%. The Wall Street Journal reported Intel has approached Apple , Taiwan Semiconductor […]
Read More
The summer box office sizzled, but brace for a cooldown until November
Movie stills from Disney’s “Lilo & Stitch” and “Fantastic Four” and Warner Bros. Discovery’s “Superman.” Courtesy: Disney | 20th Century Studios | Marvel Studios | Warner Bros. Discovery Superheroes, dinosaurs and a genetically altered alien dog helped propel the summer box office haul above 2024 levels, but that momentum is about to stall. Heading into […]
Read More
Beekeeping, boxing and budgets: Meet the finance chief who’s about to lead WBD’s networks offshoot
Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels walks to a session at the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images By day, Gunnar Wiedenfels is the chief financial officer of Warner Bros. Discovery and the CEO-elect of Discovery Global, one half of […]
Read More
Stocks making the biggest moves midday: Firefly Aerospace, Fortinet, Duolingo, Eli Lilly and more
Check out some of the companies making headlines in midday trading: Firefly Aerospace — Shares of the Texas-based rocket maker surged more than 50% as they debuted Thursday afternoon on the Nasdaq under the “FLY” ticker symbol. On Wednesday, the stock priced in its initial public offering at $45 each, which was above its expected […]
Read More
Warner Bros. Discovery film studios lift second-quarter results
Warner Bros. Discovery’s earnings got a boost from its film studios after a handful of box office hits during the second quarter. The period from April though June saw the releases of “A Minecraft Movie,” “Sinners,” “Final Destination: Bloodlines,” and “F1,” which together generated $2 billion in the global box office to date, the company […]
Read More