Warner Bros Discovery Inc

Trump town hall will test CNN CEO Chris Licht’s disinformation rule
Business

Trump town hall will test CNN CEO Chris Licht’s disinformation rule

U.S. President Donald Trump looks on during a commercial break during a live one-hour NBC News town hall forum with a group of Florida voters in Miami, Florida, U.S., October 15, 2020. Carlos Barria | Reuters When Chris Licht took over as CNN’s chief executive last year, he made a promise to viewers. “The analogy […]

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Shares producing the most important moves premarket: Cigna, Apple, DraftKings, Lyft & far more
Finance

Shares producing the most important moves premarket: Cigna, Apple, DraftKings, Lyft & far more

In this report COIN AAPL DKNG WBD CI Observe your preferred sharesGenerate Cost-free ACCOUNT Pedestrians walk handed signage at Cigna headquarters in Bloomfield, Connecticut. Michael Nagle | Bloomberg | Getty Illustrations or photos Verify out the providers earning the largest moves premarket: Cigna — Cigna gained 3% in premarket buying and selling after beating major- […]

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Warner Bros. Discovery reports big overall loss even as streaming turns a profit
Business

Warner Bros. Discovery reports big overall loss even as streaming turns a profit

Pavlo Gonchar | Lightrocket | Getty Images Warner Bros. Discovery reported a big quarterly loss even as its direct-to-consumer segment turned a profit for the first time ever. The company also expects the DTC, or streaming, business to be profitable for 2023, a year ahead of its expectations, CEO David Zaslav said in an earnings […]

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DC Studios’ future begins with Marvel’s ‘Guardians of the Galaxy Vol 3’
Business

DC Studios’ future begins with Marvel’s ‘Guardians of the Galaxy Vol 3’

Combo showing Brie Larson in Captain Marvel and Ezra Miller in The Flash. Courtesy: Marvel (L) | DC Comics (R) For more than a decade, the narrative surrounding comic book studios Marvel, owned by Disney, and DC, owned by Warner Bros., has been one of a contentious rivalry, with Marvel enjoying the clear edge. But […]

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Hasbro, Mattel shares rise as toymakers announce multi-year licensing agreement, increased IP focus
Business

Hasbro, Mattel shares rise as toymakers announce multi-year licensing agreement, increased IP focus

Game maker Hasbro Justin Sullivan | Getty Images Toymaker stocks rallied Thursday after rivals Hasbro and Mattel posted quarterly results and offered optimistic comments about how their intellectual property will boost their businesses. Hasbro shares spiked more than 13% Thursday after the toymaker reported first-quarter revenue that topped Wall Street’s expectations. The Monopoly board game maker […]

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Warner Bros. Discovery previews a stacked film slate, centered around this summer’s ‘Barbie’
Business

Warner Bros. Discovery previews a stacked film slate, centered around this summer’s ‘Barbie’

Margot Robbie will star as Barbie in an upcoming movie from Mattel and Warner Bros. Mattel | Warner Bros. Let’s go, Barbie. Warner Bros. Discovery put the forthcoming film at the center of its CinemaCon studio presentation on Tuesday, with executives — including Jeff Goldstein, president of domestic distribution, and Andrew Cripps, president of international […]

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NBCUniversal faces a set of company-defining decisions as CEO Jeff Shell departs
Business

NBCUniversal faces a set of company-defining decisions as CEO Jeff Shell departs

(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 As the shock wears off on the sudden departure of NBCUniversal Chief Executive Officer […]

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CNN fires anchor Don Lemon in the wake of sexist comments, reported mistreatment of colleagues
Business

CNN fires anchor Don Lemon in the wake of sexist comments, reported mistreatment of colleagues

CNN fired anchor Don Lemon on Monday after 17 years at the network, in the wake of sexist on-air comments and reports that he mistreated women he worked with during his tenure there. The announcement came about an hour after Fox News said that right-wing prime-time host Tucker Carlson is leaving the cable network immediately. […]

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How HBO and Netflix have evolved away from each other in the past decade
Business

How HBO and Netflix have evolved away from each other in the past decade

A decade ago, then-Netflix chief content officer — and now co-CEO — Ted Sarandos told GQ, “The goal is to become HBO faster than HBO can become us.” But, to quote HBO’s “The Wire,” “The thing about the old days: they the old days.” Today, the apparent goal for both companies is to avoid becoming […]

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Paramount fires back at Warner Bros. Discovery in ‘South Park’ streaming lawsuit
Business

Paramount fires back at Warner Bros. Discovery in ‘South Park’ streaming lawsuit

Stan And Kyle From The Episode “Clubhouses.” Getty Images | Hulton Archive | Getty Images It’s going down in “South Park.” Paramount Global snapped back at Warner Bros. Discovery in a lawsuit over the streaming rights for the comedic cartoon, and is seeking more than $50 million in unpaid fees. The counterclaim, which Paramount filed […]

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