EXCLUSIVE: Nearly twelve months on from its last round of layoffs, Warner Bros. Discovery is initiating another round of cuts. Deadline understands that the company is set to layoff employees on the cable television side of its business. It is believed to be in the double digits but well under 100 as it looks for more efficiencies. These cuts will largely impact the Discovery side of the company, which runs cable networks including the Discovery Channel, Investigation Discovery, TLC and others. This comes ...

Does David Zaslav deserve a $51.9 million payday? With Warner Bros. Discovery facing falling revenue, stalling earnings, and a 60% stock decline in the last three years, shareholders don't think so.This week, they resoundingly rejected the proposed pay package for Zaslav, the company's CEO, which would give him a 4% raise. Nearly 60% of shareholders' non-binding votes were against this hefty package, which is an unusually high mark. (Zaslav's stock-heavy compensation package is largely tied to boosting cas ...

Core Points - A majority of Warner Bros Discovery shareholders voted against the 2024 pay packages for CEO David Zaslav and other top executives, with over 59% rejecting the proposal on a non-binding basis [1][3] - Zaslav's total compensation for 2024 increased by 4% from the previous year, reaching $51.9 million [3] - The company is facing challenges in its cable TV business due to cord-cutting and is focusing on its streaming and studios divisions [3] - Warner Bros Discovery missed first-quarter revenue estimates and reported a larger-than-expected loss [3] - The company is exploring a potential breakup, having laid the groundwork for a possible sale or spinoff of its declining cable TV assets [4][7] - In the January-March quarter, Warner Bros Discovery added 5.3 million streaming subscribers, surpassing market expectations but still trailing behind Netflix [5] - The company reverted to using the HBO branding for its streaming service, Max, after dropping it two years ago [6]

Bank of America Securities analyst Jessica Reif Ehrlich maintained a Buy rating on Warner Bros. Discovery WBD with a price forecast of $14 on Monday.Ehrlich argued, in an analyst report, that recent developments, notably an internal reorganization and an S&P debt downgrade (viewed as an “ironically positive” event), have increased WBD’s strategic flexibility.While acknowledging challenges, the analyst expressed continued belief in WBD’s compelling collection of assets and upcoming catalysts.Also Read: Warne ...

Warner Bros. Discovery (WBD) shares have lost 5% year to date, significantly underperforming the Zacks Consumer Discretionary sector’s 25.1% growth and entertainment peers like Disney (DIS) , Paramount Global (PARA) and Netflix’s (NFLX) return of 0.6%, 16.4% and 32.9%, respectively. This underperformance reflects investor concerns about the company's transformation amid a challenging media landscape, despite notable operational improvements in the first quarter of 2025.Streaming Segment Shows PromiseWBD's s ...

Warner Bros. Discovery, Inc. (NASDAQ:WBD) MofafettNathanson 2025 Media, Internet & Communications Conference May 15, 2024 3:10 PM ET Company Participants Gunnar Wiedenfels - Chief Financial Officer Conference Call Participants Robert Fishman - MoffettNathanson Robert Fishman So thank you. Gunnar Wiedenfels, obviously, CFO, Warner Bros. Discovery. We really appreciate you being here. You're going to bring our whole conference home for us, so thank you very much for coming tonight. Gunnar Wiedenfels Thank you ...

Warner Bros. Discovery (WBD) 2025 Conference May 15, 2025 03:10 PM ET Speaker0 Nice vest. Speaker1 Thank you. I appreciate it. There you Speaker0 are. Yeah. Speaker1 Thank you, Gunnar Wiesentheld. Obviously, CFO, Warner Brothers Discovery. We really appreciate you being here. You're gonna bring our whole conference home for us. So thank you very much for coming So let's start big picture, Gunnar. So looking back on the long road since acquiring WarnerMedia assets, there's clearly been a lot of disruption in ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Warner Bros Discovery is hitting rewind on Max’s branding, bringing back the HBO name it dropped from the streaming service two years ago.The company will rebrand its streaming platform as HBO Max this summer, betting that the iconic brand’s global reputation will drive subscriber growth as it expands internationally.The return to HBO Max also marks an “implicit promise” by the company to deliver unique and premium content, Warner Bros Discovery said on Wednesday. Known for its high-end programs, HBO is hom ...

HBO became HBO Max became Max. Now, it will be HBO Max once more.Warner Bros. Discovery is renaming its streaming platform again starting this summer, restoring a name it ditched just two years ago. The company announced the rebranding Wednesday during its upfront presentation in New York.The change comes as Warner Bros. Discovery seeks to scale back its volume of content and focus on quality programming and storytelling."The powerful growth we have seen in our global streaming service is built around the q ...