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Paramount‘s $110 billion mega-deal for Warner Bros. Discovery got the green light from WBD shareholders Tuesday morning, as they voted to approve the merger that would combine two of Hollywood’s legacy studios. The shareholders, however, rejected WBD CEO David Zaslav‘s lucrative compensation package, sending a message to its board in the process. The votes are…
Warner Bros. Discovery reported its fourth quarter 2025 results on Thursday morning, posting total revenue of $9.46 billion and 131.6 million global streaming subscribers. WBD lost $252 million in Q4; adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was $2.216 billion. Overall revenue was down 6 percent from the fourth quarter last year, though…
Chelsea Handler kicked off the 2026 awards season by hosting the 31st Critics Choice Awards Sunday night in Santa Monica. The comedian paid tribute to to the late Rob Reiner and his wife Michele Reiner. “Everyone in this room knows that the nicest guy in Hollywood was Rob Reiner,” Handler said to the crowd towards…
The board of Warner Bros. Discovery officially rejected David Ellison‘s $30 per share hostile bid for the company, telling shareholders that it remains “inferior” to the Netflix deal, and carries “numerous significant risks and costs on WBD.” With the rejection official, Paramount will need to persuade WBD shareholders to tender their shares at that price,…
Will Netflix’s $82.7 billion deal to acquire Warner Bros. get approval from federal regulators? While Paramount was assumed to be the frontrunner to acquire the storied movie studio thanks to CEO David Ellison’s connections to the Trump administration, new reporting in Bloomberg and The Hollywood Reporter suggests that Netflix co-CEO Ted Sarandos met with President…
Media mogul John Malone is opening up about advising David Zaslav, the chief executive of Warner Bros. Discovery, on his new contract with the media giant. In an interview with the New York Times about his memoir Born to be Wired, Malone, Zaslav’s longtime mentor, told the publication that he recently advised the WBD boss…
Warner Bros. Discovery is changing the name of its streaming service again. You’ll never guess what its executives came up with. Originally, the service launched as HBO Max in 2020. In 2023, the company controversially changed the streaming service to simply Max — ditching the most venerated network brand name in television in favor of…
Warner Bros. Discovery, led by CEO David Zaslav, reported on Thursday that it ended 2024 with 116.9 million global streaming subscribers, compared with 110.5 million as of the end of September. The figures include subs for Max and Discovery+. Streaming subs grew both in the U.S. and in international markets in the fourth quarter. In a…
Warner Bros. Discovery CEO David Zaslav saw the value of his 2023 compensation package rise to $49.7 million, compared with $39.3 million in 2022 when the Discovery-WarnerMedia merger had closed. The entertainment conglomerate disclosed latest pay details for its top executives in a regulatory filing. Zaslav’s 2023 pay consisted of a $3 million salary, and more than…
It’s the syndication move that nobody expected. Sources tell The Hollywood Reporter that Warner Bros. Discovery is actively talking with Netflix to license HBO shows — including Insecure — to the Netflix. Such a deal would be considered a stunning move for the two big-spending rivals, neither of whom immediately responded to THR’s request for…