Warner Bros Discovery restructures networks, streaming businesses
WBD will reorganize its streaming video, studios and linear networks businesses into two standalone units between now and mid-2025.
David Zaslav
Overseas growth juices subscriber gains at Warner Bros Discovery
WBD grew its streaming business by 7.5 million global subscribers during Q3; the company’s CEO said he’s a big believer in bundles.
Former White House spokesperson Robert Gibbs hired by Warner Bros Discovery
Gibbs most recently served as a partner at Bully Pulpit International, a communications firm that counts McDonald’s, General Mills, Walmart, the ACLU and the Biden-Harris campaign among its clients.
WBD CEO says company still interested in NBA games for TNT
WBD CEO David Zaslav says TNT wants to remain a global leader in sports, but needs to pursue rights deals that make solid financial sense.
WBD CEO David Zaslav took home $49.7 million in 2023: filing
The figure includes $23.1 million in stock awards and $22 million in cash bonuses tied to free cash flow targets.
Former BBC, New York Times leader named CEO of CNN
Mark Thompson will take over the top job at CNN Worldwide in early October, officials announced on Wednesday.
WBD affirms plan to exit regional sports business by end of year
As cable and satellite customers ditch those platforms for cheaper streaming options, regional sports has become less of an asset to major media companies.
GQ alters, then removes, essay critical of David Zaslav
Lifestyle magazine GQ altered, then deleted, an article critical of WBD CEO David Zaslav, apparently at the urging of the entertainment company.
WBD adds 1.1 million streaming subscribers
Warner Bros Discovery (WBD) added 1.1 million to its direct-to-consumer streaming services HBO Max and Discovery Plus.
Lawsuit claims Discovery misled shareholders on HBO Max
A police pension fund says executives at Warner Bros Discovery misled shareholders about the number of subscribers at HBO Max before the two companies merged this year.