CNN boss Mark Thompson said he plans to roll out a slew of long-awaited digital subscription services to offset viewership declines at the struggling cable news outlet — but he continued to be vague on details.The digital strategy, which has been in the making since Thompson joined CNN as CEO 18 months ago, is expected to begin materializing with one streaming product debuting this year, and another in 2026, Thompson told The Financial Times Tuesday.“I don’t think this stuff is easy,” Thompson said of trans ...

Warner Bros Discovery will not be selling its Polish network TVN. Following a strategic review, WBD management has decided to keep the broadcaster in its ranks, according to a note sent today to staff from Kasia Kieli, Head of WBD Poland and CEO at TVN, and Gerhard Zeiler, President of International at WBD. “That review has been completed, and WBD has concluded that the best path forward is retaining ownership of TVN, continuing to support our business, our strategy and the incredible journalistic work of ...

Warner Bros. Discovery CEO David Zaslav saw his total compensation tick up to $51.9 million in 2024, from $49.7 million in 2023. The company released the figures in its annual proxy statement. Zaslav is by far the best-compensated of any of the company’s top execs. For years, especially when he led Discovery, he was among the highest paid CEOs in corporate America. J-B Perrette, head of streaming and games, saw his total pay decline slightly in 2024, to $19,7 million from $20.1 million. The other senior c ...

Core Points - Dr. John C. Malone will not seek re-election to the Board of Directors of Warner Bros. Discovery and will transition to the role of Chair Emeritus effective after the 2025 Annual Meeting of Stockholders [1] - As Chair Emeritus, Dr. Malone will continue to attend Board meetings and provide strategic counsel to the Board and management team [2] - David Zaslav, President and CEO, praised Dr. Malone's strategic insights and contributions to the company's growth and transformation [3] - The Board will nominate Anton Levy for election at the Annual Meeting, maintaining a total of 13 directors, with 12 being independent [3] Company Overview - Warner Bros. Discovery is a leading global media and entertainment company, creating and distributing a diverse portfolio of branded content across various platforms including television, film, streaming, and gaming [4] - The company operates in over 220 countries and territories, offering content in 50 languages through iconic brands such as Discovery Channel, Max, CNN, HBO, and many others [4]

Jack Black, Jason Momoa, and Sebastian Hansen as seen in Warner Bros. and Legendary Entertainment's "A Minecraft Movie."Warner Bros.' struck gold over the weekend."A Minecraft Movie," the studio's co-production with Legendary Entertainment, snapped up $163 million at the domestic box office during its debut.The movie not only set a record for the highest-opening video game adaption, surpassing Universal's "The Super Mario Bros. Movie," but it also gave a much needed jolt to the domestic box office."Generati ...

In the latest market close, Warner Bros. Discovery (WBD) reached $8.08, with a +0.12% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.23%. On the other hand, the Dow registered a loss of 0.91%, and the technology-centric Nasdaq increased by 0.1%.Coming into today, shares of the operator of cable TV channels such as TLC and Animal Planet had lost 27.1% in the past month. In that same time, the Consumer Discretionary sector lost 19.11%, while the S ...

NEW YORK, April 2, 2025 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that it will report its first-quarter 2025 results on Thursday, May 8, 2025 before the market opens. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/ starting at approximately 7:00 a.m. ET. The Company will host a conference call at 8:30 a.m. ET that same day t ...

Watch on Deadline The planned addition of Levy to the board follows the arrival earlier this year of Anthony Noto and Joey Levin as independent directors. "We are making meaningful progress to achieve our vision for Warner Bros. Discovery and harness the power of our unique, world-class assets to drive profitable growth," CEO David Zaslav said. "We continue to move forward with urgency to improve performance and position our businesses for success over the near- and long- term amid the evolving industry lan ...

NEW YORK, March 31, 2025 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that it intends to add Anton Levy as an independent director to the Company's Board of Directors in connection with the 2025 Annual Meeting of Stockholders (the "Annual Meeting"). His addition follows a comprehensive search process led by the Nominating and Corporate Governance Committee. Anton Levy is currently an Advisory Director at General Atlantic and previously served as General Atlantic ...

Core Insights - The article emphasizes the potential for the Harry Potter franchise to expand its audience, particularly among a new generation of readers and movie fans, which could enhance the visibility of all related intellectual property [1] Group 1: Industry Overview - The casino and gaming sector is highlighted as a focus area for in-depth research, with resources available for subscribers to gain insights into investment opportunities [1] - Howard Jay Klein, a seasoned executive with 30 years of experience in major casino operations, leads an investing group that provides actionable research for the casino, online betting, and entertainment industries [2] Group 2: Investment Approach - Klein's investment strategy is centered on value investing, utilizing management quality as a key factor in informing investment decisions [2] - The intelligence network established by Klein spans various levels within the US gambling and entertainment sectors, providing a comprehensive understanding of market dynamics [2]