CNN CEO Mark Thompson said its parent company Warner Bros. Discovery is going to invest $70 million to support the company's digital transformation.

More change is afoot for the board of directors of Warner Bros. Discovery ... as WarnerMedia was getting set to close its $43 billion merger with Discovery. The filing noted that Chen’s term ...

The tech exec’s exit could open the way for a high-profile addition to the studio’s board of directors in 2025 amid plans to possibly spin off its legacy TV assets. By Etan Vlessing Canada ...

CEO Mark Thompson told staff the moves aimed to better serve audiences and "secure CNN's future as one of the world's ...

Netflix was the breakaway winner among media stocks in 2024, with its shares nearly doubling in price over the course of the ...

Now, to be fair, the company's business lines are ... unable to continue competing, its ability to drive future returns will decline significantly. Warner Bros. Discovery, Inc. has an impressive ...

Warner Bros. Discovery said Anthony Noto, CEO of financial services company SoFi, and Joey Levin, who is stepping down as CEO of Barry Diller’s IAC, have been appointed to its board. Noto joined ...

Jan 14 (Reuters) - Warner Bros Discovery ... its declining cable TV businesses, such as CNN, from streaming and studio operations, setting the stage for a potential sale or spinoff of its TV ...

NEW YORK, NY / ACCESSWIRE / December 29, 2024 / If you suffered a loss on your Warner Bros. Discovery ... the Company to significantly reevaluate its business and goodwill; (ii) WBD's goodwill ...

Warner Bros Discovery on Wednesday named key members of the executive team for its U.S. Networks business, which will be headed by Channing Dungey, chairman and CEO of Warner Bros Television Group.

In a move that has baffled many and left others scratching their heads, Warner Bros. Discovery has initiated what industry insiders are calling “the great digital purge.” Through an ambitious ...

By Erik Hayden Executive Editor, Business As multiple wildfires rage in Los Angeles County, studios are mobilizing their own response efforts. Following Disney, Warner Bros. Discovery has ...