Warner Bros Discovery (WBD) has announced that Brad Singer will assume the role of Chief Financial Officer of Warner Bros, upon completion of the company’s planned separation, which is expected to occur by mid-2026, subject to closing and other conditions. Singer will report to David Zaslav, President and Chief Executive Officer of WBD and future […]

Warner Bros Discovery (WBD) has announced corporate names and senior leadership appointments for when the company separates in mid-2026. Streaming & Studios, which will be home to Warner Bros Television, Warner Bros Motion Picture Group, DC Studios, HBO, HBO Max and Warner Bros Gaming Studios, as well as their film and television libraries, will be […]

Warner Bros Discovery (WBD) has announced plans to separate the company, in a tax-free transaction, into two publicly traded companies, which it says will enable each to maximise its potential. The Streaming & Studios company will consist of Warner Bros Television, Warner Bros Motion Picture Group, DC Studios, HBO and HBO Max, as well as […]

A majority of Warner Bros Discovery (WBD) shareholders voted down the 2024 pay package for CEO David Zaslav, amid steep declines in the media group’s share price. A regulatory filing showed that a majority of shareholders rejected the $52 million (€45.6m) package. The move is largely symbolic because it is nonbinding. The WBD board said […]

Warner Bros Discovery (WBD) has announced that cable TV pioneer Dr John C Malone has decided not to stand for re-election to the Company’s Board of Directors and will be transitioning to the role of Chair Emeritus, effective upon the expiration of his term at the 2025 Annual Meeting of Stockholders. As Chair Emeritus, Malone […]

Warner Bros Discovery (WBD) has announced a new corporate structure which it says is “designed to enhance its strategic flexibility and create potential opportunities to unlock additional shareholder value”. Under this new corporate structure, Warner Bros. Discovery will serve as the parent company for two operating divisions: Global Linear Networks: A linear television business that […]

Warner Bros Discovery (WBD) has announced that Kathleen Finch, Chairman and CEO of US Networks, has decided to retire after 25 years witn the company. Upon Finch’s retirement at the end of the year, the US Networks business will be led by Channing Dungey, Warner Bros Television Group Chairman and CEO. “There is no one […]

Warner Bros Discovery (WBD) has announced that Robert Gibbs has been appointed Chief Communications and Public Affairs Officer. In this newly created role, he will oversee WBD’s corporate and business communications as well as public affairs. An experienced and proven communications and public policy leader, Gibbs will officially assume the role on August 5th and […]

Warner Bros Discovery (WBD) has reported results for the quarter ended March 31st. Q1 total revenues were $9.95 billion (€9.27bn). Revenues decreased 7 per cent ex-FX compared to the prior year quarter. Global streaming subscribers were at 99.6 million at the end of Q1, up 2 million on Q4. David Zaslav, President and Chief Executive […]

The Paramount logo is a mountain with a coronet of stars. Its sale still has a mountain to climb and the final outcome – pre-deal or post – is likely to be the current contenders, and others, picking and choosing between those star divisions of the business. When the movie (low budget straight to streaming) […]