Ohio pension systems join lawsuit against WBD
The Ohio AG has filed a motion in court seeking to be named the lead plaintiff in a shareholder lawsuit against Warner Bros Discovery.
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 HBO Max and Discovery Plus. The company is based in New York City.
WBD bans Russian TV channels from airing films
Warner Bros Discovery says a Russian media company is no longer allowed to air Warner Bros films, despite a licensing agreement that runs through 2023.
WBD streaming services grab over 94 million subscribers
Warner Bros Discovery ended its most-recent financial quarter with 94.5 million subscribers across its three direct-to-consumer products.
Former HBO Max president Jason Press resurfaces at AT&T
Jason Press has returned to AT&T as the telecom’s chief digital officer, The Desk has learned, several months after his resignation from Warner Bros Discovery.
Layoffs expected at CNN after exec completes business review
More CNN employees are likely to receive pink slips following a review of the channel’s business by a network executive.
HBO Max parent company to take $2 billion write-down
Warner Bros Discovery said it will incur billions of dollars in write-offs and other spending that it hopes will lead to long-term stability.
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.
Retiran señal de CNN en Nicaragua en medio de represión a medios
La variante en Español de CNN fue retirada de los sistemas de cable en Nicaragua esta semana en medio de una campaña contra los medios de comunicación en ese país.
Don Lemon to host new morning program at CNN
“Don Lemon Tonight” will end as a result of the shuffle; Poppy Harlow and Kaitlan Collins will join Lemon on the new morning show.
Warner Bros Discovery exec hints at future price increases
Customers who are used to paying certain amounts for HBO Max and Discovery Plus may find themselves paying more for a new service next year.
