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Warner Bros Discovery (basically) admits its merger didn't work
Mashing together Discovery and WarnerMedia hasn't worked. Time for a do-over?
Peter Kafka
Warner Bros. Discovery CEO David Zaslav would like a new president, too
The media mogul says he doesn't care who wins — just as long as that person doesn't do what Joe Bid…
Peter Kafka
Today's the day Warner Bros. Discovery can sell itself. Buyers may be hard to find.
Monday was supposed to be a big day for media M&A and Warner Bros. Discovery.
Peter Kafka
AT&T's stock could jump roughly 50% from current levels as its newly formed media conglomerate with Discovery unlocks value, BofA says
Bank of America calculates that the transaction with Discovery could add a range of $1 to $16 a sha…
Emily Graffeo
AT&T sinks after it says it will slash annual dividend 47% following WarnerMedia spinoff
AT&T will now pay an annual dividend of $1.11 per share, giving it a dividend yield of 4.3% based o…
Matthew Fox
WarnerMedia-Discovery merger gets Justice Department go-ahead, paving the way for 2Q close
Discovery could complete its merger with AT&T's WarnerMedia in the coming weeks now the Justice Dep…
Claire Atkinson
HBO owner WarnerMedia will reportedly cut thousands of jobs as COVID-19 ravages sales from movie tickets, subscriptions, and TV ads
Sources told the Wall Street Journal that the layoffs could begin in the coming weeks and will hit …
Saloni Sardana
'Dune' director slams Warner Bros. over decision to release his movie on HBO Max and in theaters simultaneously
Villeneuve's "Dune" was originally set for a 2020 release date but was moved back a year as movie t…
Zac Ntim
AT&T has bankrolled politicians behind anti-abortion 'trigger laws' in 13 states. Other telecom and media giants aren't far behind.
Tech, media, and telecom firms have touted commitments to women's rights and equality. But their po…
Tanya Dua,Angela Wang
Warner Bros. Discovery plans to stop broadcasting regional sports as financial troubles grow across industry, reports say
The AT&T Sportsnet channels owned by Warner Bros. Discovery have informed teams that they will not …
Aaron McDade
AT&T has bankrolled politicians behind anti-abortion 'trigger laws' in 13 states. Other telecom and media giants aren't far behind.
Tech, media, and telecom firms have touted commitments to women's rights and equality. But their po…
Tanya Dua,Angela Wang
Here's everything AT&T will own after it buys Time Warner
The merger was somewhat unusual. It was a so-called vertical merger, meaning that AT&T - a cont…
Rachel Sandler,Skye Gould
Netflix CEO once handed out army berets to his execs in response to an insult from the former Time Warner boss, and it shows the rivalry between Netflix and HBO stretches over a decade
Former Time Warner CEO Jeffrey Bewkes implied that Netflix was overrated in a 2010 interview. Netfl…
Travis Clark
AT&T is buying Time Warner
Time Warner Chairman and CEO Jeff Bewkes said, "This is a great day for Time Warner and its shareho…
Steve Kovach
AT&T drops after Trump administration appeals Time Warner merger
During the trial, the Justice Department argued that the vertical merger, one between two companies…
Graham Rapier
AT&T accused of creating fake DirecTV Now accounts to improve numbers ahead of $85 billion Time Warner deal
The effort was also meant to help improve AT&T's position in merger talks with Time Warner, the…
Daniel Strauss
Discovery surges 10% after agreeing to acquire AT&T's media operations for $43 billion
Discovery's acquisition will bring together more than 100 media brands including HGTV and HBO.
Carla Mozée
Warner Bros. Discovery has unveiled Max, its Netflix killer. Here are the new streamer's advantages and challenges as CEO David Zaslav looks to fire up Wall Street.
Max will feature content from Warner Bros. Discovery's HBO Max and Discovery+ services. It's the co…
Lucia Moses
How CEO David Zaslav is transforming Warner Bros. Discovery, from layoffs and a major reorg to launching a new mega-streaming app, Max
Warner Bros. Discovery slashed streaming losses as it builds out its new app, Max. Here are the cha…
Elaine Low
Discovery CEO David Zaslav has reportedly signed a new contract through 2027. He's set to lead a new streaming giant formed through Discovery's merger with WarnerMedia.
Zaslav has signed a new deal through 2027, Axios reported. He will move his top Discovery executive…