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TNT to keep NBA rights in settlement deal -- but with a major twist
NBA and Warner Bros. Discovery settled the breach of contract lawsuit brought by the media giant this past summer.
How CNN might find its way to the auction block
Analysts believe CNN makes what looks like a decent amount of money, around $750 million this year. Sounds good until you realize that's down from over $1 billion in 2020.
Warner Bros. Discovery CEO expects friendlier environment for deal-making under Trump as studio posts surprise profit
Shares rose as Warner's Max service added 7.2 million subscribers in the third quarter.
CNN's Jake Tapper, Wolf Blitzer denied raises while Chris Wallace asked to take pay cut: report
CNN's new boss told some of his highest paid and most recognizable stars to "take it or leave it," according to a report.
Discovery pulls the plug on Cartoon Network website after announcing layoffs, $9B loss
The David Zaslav-led company -- which on Wednesday reported a whopping net loss of almost $10 billion, driven by a stunning $9.1 billion write-down for a drop in value of...
Warner Bros. Discovery writes down value of TV assets by $9B: 'Final nail in the coffin'
An impairment charge, stemming from a reassessment of the assets’ value since the merger of WarnerMedia and Discovery, contributed to a $10 billion net loss for the quarter.
Warner Bros. Discovery reportedly mulls breaking up media giant to boost sagging stock
Warner Bros. Discovery, the parent company of CNN and HBO, is reportedly weighing a plan to split its digital streaming and studio businesses from its legacy television networks in order...
Max streaming service is latest to hike prices — here's how much it will cost you
Warner Bros. Discovery's move comes as a range of streaming platforms have moved to raise prices and bundle their offerings with those from other services.
'Disturbed' Charles Barkley says TNT execs 'know better' than to bother him over frequent attacks
Charles Barkley has no concerns about getting an earful from his bosses for publicly airing grievances as he stews over TNT's handling of its NBA rights negotiations.
TNT's potential nuclear option to block Amazon from getting NBA rights
Obituaries for TNT's NBA coverage might be premature.
Warner Bros. Discovery hiking Max price, mulling layoffs in cost-cutting move: report
The reported cost-cutting plans could include possible layoffs at the media company which has already eliminated more than 2,000 positions over the past year.
Fired CNN anchor Don Lemon received $1,600 bottle of wine from ex-boss David Zaslav: report
Lemon was gifted a bottle of 2017 Opus One Cabernet blend as he dined with husband Tim Malone at Porter House near Columbus Circle.
Warner Bros. Discovery CEO David Zaslav saw pay jump to $50M despite company's continued losses
The rise in pay was partly related to the loss-making media conglomerate's decision to align its executive compensation to focus more on debt reduction and free cash flow.
Warner Bros. Discovery halts merger talks with Paramount Global: report
Paramount Global's list of potential suitors shrank Tuesday after Warner Bros. Discovery reportedly said it is no longer pursuing merger talks with the struggling media giant.
Warner Bros. Discovery stock plunges as movie flops 'The Color Purple,' 'Aquaman' sink earnings
Warner Bros. Discovery on Friday reported worse-than-expected quarterly earnings -- due in large part to box office flops from its movie studio -- sending the media giant's shares plummeting 10%....
CNN plunges behind History Channel, obscure Western network in prime time ratings
The network managed to generate the weak ratings despite coverage of the Iowa caucuses.
CNN's new CEO taps controversial, hard-charging 'a--hole' to lead newsroom: 'She'll cut you'
"People are shocked," said a source, explaining that the promotion demonstrates that the CEO hasn't been listening to employees -- and that it doesn't bode well for CNN's future.
Gazing at the New Year's ball for Wall Street – here are some things to look out for in 2024
So in pulling out my 2024 crystal ball, I’m going to focus on stuff I think has a better-than-even chance of actually happening.
Warner Bros. Discovery CEO David Zaslav’s lifeline to Paramount’s Shari Redstone not enough amid merger talk
If you haven’t noticed, this isn’t a great time to be running a media company.
Warner Bros. Discovery eyes merger with Paramount Global: reports
Debt-ridden media giant Paramount Global held merger talks with Warner Bros. Discovery, according to multiple reports Wednesday.