Warner Bros Discovery
Warner Bros Discovery is an international mass media conglomerate that was formed by the merger of AT&T’s WarnerMedia with Discovery, Inc. in April 2022. The company owns several domestic and international pay television channels — including CNN, TBS, TNT, the Discovery Channel, Animal Planet, HBO, Cinemax, Eurosport, AT&T Sportsnet, TVN Poland and Three (New Zealand) — along with streaming services Max (formerly HBO Max) and Discovery Plus. The company is based in New York City.
Discovery Plus added to Spectrum TV plans
Spectrum TV customers on eligible plans now have access to the ad-supported tier of Discovery Plus as part of their service.
TV broadcasters partner with OpenAP to create new ad exposure standards
Several large broadcasters have partnered with OpenAP toward a new industry initiative aimed at creating standards for measuring ad exposure on TV.
CNN launches “lifestyle” app for weather forecasts
After registration, the CNN Weather app promises contextual weather forecasts, coupled with expert analysis from a fleet of meteorologists and reporters.
California AG: “Red flags everywhere” in Paramount-Warner Bros deal
California Attorney General Rob Bonta said the state is still weighing whether to bring a legal challenge against Paramount over its proposed acquisition of WBD.
FIRST ON THE DESK
Ted Turner, cable pioneer behind TBS and CNN, dies at 87
The brash media executive who took a local Atlanta TV station national and launched the first 24-hour cable news channel died at his home in Florida.
Parks Associates: Combined Paramount-WBD will reach half of U.S. broadband households
The combined platform scale would rival competing streaming products offered by Netflix, Amazon and Disney, which have stronger broadband reach.
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Warner Bros shareholders approve acquisition by Paramount
The deal still faces potential regulatory hurdles from federal and state officials.
CNN International to encrypt U.K. channel at end of April
CNN International is encrypting the feed available to residents and businesses in the U.K. and Ireland at the end of the month.
FIRST ON THE DESK
Netflix sees modest bump in revenue during Q1; Reed Hasting to leave board
Netflix saw a modest bump in revenue as the company's growth strategy like password-sharing crackdowns and building out its ad business continued to accelerate in Q1.
EARNINGS REPORT
Jeffrey Shell departs Paramount amid legal dispute
Jeffrey Shell is stepping down as Paramount president and board member amid a legal dispute over alleged misconduct.
Paramount confirms Middle East money will fund Warner Bros acquisition
The deal includes $45.7 billion in equity commitments and $54 billion in debt financing from major lenders.
CNN to host California gubernatorial primary debate in May
CNN will host a California gubernatorial primary debate in May, less than a month before state voters choose their candidates for governor.