66 h. ago CNN and HBO owner Warner Bros Discovery announces breakup plan

Shares jump 9% before market open as cable operations to be separated from movie studiosWarner Bros Discovery, the mega media conglomerate behind Hollywood movie studios and a string of TV networks, from HBO to CNN, has announced plans to break into two companies in a bid to revive its fortunes.The group will separate Warner Bros, the DC Studios comic book franchise, its Max streaming service and HBO, the premium cable network behind hit series including The Last Of Us, Game of Thrones and Succession, away from its other linear TV networks, which include CNN, Discovery and free-to-air channels across Europe. Continue reading...

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67 h. ago Warner Bros. Discovery splitting into two separate media companies – separating CNN from HBO Max

The announced split, which will take place next year, is yet another major media upheaval amid the ongoing cord-cutting that has endangered the cable business

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69 h. ago Warner Bros. Discovery to split into two companies, dividing cable and streaming services

Warner Bros

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3 w. ago Sesame Street has been saved months after its surprise 'cancellation' by Warner Bros. Discovery

Six months after Warner Bros. Discovery surprisingly 'canceled' the beloved and long-running children's show Sesame Street, Netflix has come aboard to save it.

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3 w. ago BT nears deal to sell TNT Sports stake to Warner Bros Discovery

Deal could be announced as early as next week that would bring telecoms group’s involvement in sports rights to a close

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3 w. ago US cable giants Charter and Cox, under assault by streaming services, pursue $34.5 billion merger

Charter Communications is merging with Cox Communications in an approximately $34.5 billion deal that brings together two of the biggest cable companies in the country

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4 w. ago HBO is back: Warner Bros walks back rebrand of Max streaming service

WBD execs reverse the 2023 name change as shares at conglomerate reported down 15% since this year’s startExecutives at Warner Bros Discovery, the vast media conglomerate, had a bright idea to turbocharge the growth of its streaming service in 2023: rebrand its famous streaming service HBO, home to everything from The Sopranos and Game of Thrones to The Last of Us, from HBO Max to Max.The move was made because HBO was not the sort of place “parents would most eagerly drop off their kids”, said the head of streaming, JB Perrette. Fast forward two years, and on Wednesday, executives at the same company unveiled a new bright idea: re-rebrand the service from Max to HBO Max. Continue reading...

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