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 […]