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.
Fubo loses 100,000 subscribers during Q1 amid battle with broadcasters
Fubo lost 100,000 customers during the first quarter of the year as sports fans churn out at the end of football season.
Fubo seeks second congressional hearing on pay TV industry woes
Fubo is asking federal lawmakers to hold a second hearing exploring competition in the pay television space, with a specific focus on a forthcoming streaming service being developed by broadcasters.
Fubo pulls remaining Discovery channels amid contract dispute with WBD
The channels were offered on Fubo through a carriage deal that pre-dated WarnerMedia's merger with Discovery Networks.
NBC prepares $2.5 billion bid for national NBA television rights
A takeover of some national NBA broadcast rights by NBC could make WBD's streaming joint venture with ESPN and Fox less-attractive to basketball fans.
Documents show North Korean animators worked on Prime Video, Cartoon Network shows
The documents show North Korean animators were able to circumvent U.S.-imposed sanctions in a number of cases.
Fox, ESPN & WBD schedule late August for launch of sports streaming service
The tentative date was first revealed in a document filed in federal court, and is likely intended to capitalize on higher sports interest heading into the start of the NFL's regular season.
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.
WBD offers first glimpse at Paris-based sports facility ahead of Summer Olympics
"WBD House" will include studios and production facilities that will allow the media and entertainment brand to deliver thousands of hours of Olympics coverage this year.
Federal lawmakers express concern over Fox-Disney-WBD streaming sports joint venture
The lawmakers sent a letter to the CEOs of Fox, Disney and Warner Bros Discovery with 19 questions about their sports joint venture.
Fubo gets support from Dish, DirecTV executives in sports-focused antitrust case
The sports-centric streaming service has asked a federal court to issue a preliminary injunction barring Fox, Disney and Warner Bros Discovery from acting on their joint venture.
Max launches annual discount for new and current subscribers
The deal lowers the annual price of Max by as much as 40 percent, depending on the plan.
Warner board members resign amid DOJ probe
Steven Miron and Steven Newhouse announced their resignations on Monday.