News

Warner Bros. Discovery will break into two separate publicly traded companies, one focused on streaming and films, the other attempting to keep the cable business alive.
The company, which was recently rebranded from A+E Networks, is a 50-50 joint venture between Disney and Hearst. The two ...
Warner Bros. Discovery said creditors have lent their support to a debt deal that allows the company to separate into two public businesses. The entertainment company said Monday that by the end ...
Former Turner LLC CEO and Time Warner chief financial officer John Martin is the new chief executive officer of the Professional Fighters League.
Warner Bros. Discovery will cut CEO David Zaslav’s pay when it splits in two next year—and give him an extra slug of stock options that will net more than $150 million if the company hits ...
Hours after Warner Music unveiled a $1.2 billion joint venture with Bain Capital, the company announced more restructuring ...
Warner Bros. Discovery bondholders overwhelmingly approved a plan to split the corporation and put in place a new capital structure related to the deal, the company said on Monday.
Communication Services ETF (XLC) fell 1.7% last week, with Warner Bros. Discovery up 4.6% but major losses from Charter, T-Mobile, and others.
McDonald’s reached a settlement in the $10 billion lawsuit brought by Byron Allen’s Allen Entertainment Studios, in which the media mogul accused the fast food company of discriminating ...
President Donald Trump’s media company plans to buy back up to $400 million of its stock, which have lost 46% of their value this year. Trump Media and Technology Group, which operates the Truth ...
SAO PAULO (AP) — Brazil’s Supreme Court agreed on Thursday on details of a decision to hold social media companies liable for what their users post, clearing the way for it go into effect ...
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same ...