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.
Netflix earns $45.2 billion in revenue during 2025, projects $51 billion in 2026
Netflix reported higher revenue, profits and cash flow in 2025, closing the year with its strongest operating margin to date.
EARNINGS REPORT
Netflix amends bid for Warner Bros Discovery, now an all-cash offer
The move aims to speed shareholder approval and counter a hostile $30-per-share takeover bid from Paramount.
Netflix taps Dani Dudeck as Chief Communications Officer
Her appointment comes as Netflix navigates a potentially transformative period tied to its proposed acquisition of Warner Bros Discovery.
EXECUTIVE MOVES
Viewpoint: Netflix’s acquisition of WBD rooted into “Big 3” playbook
When it comes to major U.S. industries, three tends to be the magic number.
By:
David R. King
OPINION
Verizon lowers price of HBO Max streaming app for customers
Verizon is lowering the price of its HBO Max streaming perk for its wireless and home Internet customers, The Desk has learned.
FIRST ON THE DESK
Paramount makes $78 billion hostile bid for Warner Bros Discovery
Jared Kushner, the son-in-law of President Donald Trump, is part of a consortium backing Paramount Skydance's offer for all of Warner Bros Discovery.
Netflix agrees to acquire Warner Bros Discovery for $82.7 billion
Netflix has agreed to buy WBD’s studio, streaming platforms and IP for nearly $83 billion, contingent on WBD spinning off its cable networks by Q3 2026.
Freely adds CNN, Warner Bros Discovery channels as streaming lineup expands
Freely has added CNN Headlines and secured a 2026 streaming deal for six Warner Bros Discovery free-to-air channels.
RTL Group CEO Thomas Rabe to step down in 2026
aThomas Rabe, the Chief Executive Officer of RTL Group, will step down from that role at the European broadcast conglomerate next year.
Fox News, CNN declare victory in Election Day prime-time ratings war
Fox News won the night with overall viewers, while CNN had the stronger audience in the key A25-54 demographic, according to finalized data.
RATINGS
WBD sees streaming gains, but box office woes weigh on Q3 revenue
The company added new subscribers to its HBO Max and other streaming services, but ongoing pressure in its movie and cable networks businesses contributed to lower overall revenue.
EARNINGS REPORT
MSNBC ratings strong during prime-time Election Day coverage
MSNBC had the highest preliminary ratings during prime-time on Election Day, according to Nielsen data.
RATINGS