Warner Bros Discovery has reported results for the quarter ended March 31st 2022. The results cdo not include Q1 performance for the WarnerMedia business, which was acquired on April 8th. David Zaslav, President and Chief Executive Officer of Warner Bros Discovery, commented: “With Warner Bros Discovery, we are creating a pure-play media company with diversified […]
The new owner of CNN, Warner Bros Discovery, is shutting down CNN+ on April 28th. It is less than a month since its launch. “This decision is in line with WBD’s broader direct-to-consumer strategy,” said Chris Licht, the incoming CEO of CNN. “In a complex streaming market, consumers want simplicity and an all-in service, which […]
Warner Bros Discovery has named its international executive team, headed by Gerhard Zeiler. WarnerMedia’s former EMEA and Asia president Priya Dogra (pictured) will become president & MD for EMEA (excluding Poland), overseeing all Warner Bros Discovery operations in the region from her London base. She will be responsible for integrating and operating the International divisions […]
Ateme a global player in video compression, delivery, and streaming solutions with innovation at its core, has announced the creation of a strategic Advisory Board composed of five industry luminaries. Ateme says the Advisory Board will serves as a resource to its executive leadership, helping the company address the transformation of the industry by reflecting […]
CNN+, the premium pay-service from the global news broadcaster, is suffering despite launching just some three weeks ago. CNN’s long-time CFO Brad Ferrier (since 1995) has been laid off, and all marketing spend cancelled according to local reports. Ferrier has been replaced by Discovery’s CFO for streaming, Neil Chugani. The changes come with rumours that […]
Discovery and AT&T have closed their transaction to combine the WarnerMedia business with Discovery. The new entity, Warner Bros Discovery, will begin trading on the Nasdaq with the start of trading on April 11th, under the new ticker symbol ‘WBD’. Warner Bros Discovery will create and distribute the world’s most differentiated and complete portfolio of […]
Discovery has announced the future executive leadership team for Warner Bros Discovery, ahead of the close of the company’s transaction to combine its non-fiction and international entertainment and sports businesses with WarnerMedia’s premium entertainment, sports and news assets. David Zaslav, the future CEO of Warner Bros Discovery, commented: “We are so excited to bring the […]
Discovery has announced the full slate of director designees for the combined company, Warner Bros Discovery (WBD). The directors will be elected and begin serving on the WBD Board effective at the closing of the proposed combination of Discovery and WarnerMedia, which is expected to occur early in the second quarter of 2022. “I look […]
Discovery has announced its plans to appoint Chris Licht as the new chairman and chief executive officer of CNN Global. The appointment will be effective following the completion of Discovery’s acquisition of WarnerMedia, expected in early Q2. Licht has spent more than 20 years in broadcast news and currently serves as executive vice president of […]