John Malone to take chair emeritus status at WBD
John Malone has announced he will not seek re-election to the board of directors at Warner Bros Discovery.
John Malone has announced he will not seek re-election to the board of directors at Warner Bros Discovery.
After suing to enforce a prior contract, David Zaslav says the company will do just fine without pro basketball.
WBD will reorganize its streaming video, studios and linear networks businesses into two standalone units between now and mid-2025.
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.
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 David Zaslav says TNT wants to remain a global leader in sports, but needs to pursue rights deals that make solid financial sense.
The figure includes $23.1 million in stock awards and $22 million in cash bonuses tied to free cash flow targets.
Mark Thompson will take over the top job at CNN Worldwide in early October, officials announced on Wednesday.
As cable and satellite customers ditch those platforms for cheaper streaming options, regional sports has become less of an asset to major media companies.
Lifestyle magazine GQ altered, then deleted, an article critical of WBD CEO David Zaslav, apparently at the urging of the entertainment company.
Warner Bros Discovery (WBD) added 1.1 million to its direct-to-consumer streaming services HBO Max and Discovery Plus.
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.