#WarnerMedia-Discovery merger raises streaming questions

#WarnerMedia-Discovery merger raises streaming questions

“#WarnerMedia-Discovery merger raises streaming questions” WarnerMedia’s deal to merge with Discovery will create a single, formidable new streaming service to compete with Netflix and Disney+ — or then again, maybe it won’t. Either way, the deal is expected to lead to savings for people who subscribe to both HBO Max and Discovery+, experts say. Currently,…

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#HBO Max to Spin Off With Discovery+ – /Film

#HBO Max to Spin Off With Discovery+ – /Film

“#HBO Max to Spin Off With Discovery+ – /Film” AT&T spent $85 billion on Time Warner in 2016 and it looks like it wants its money back. Just as the streaming wars have reached their heights, the telecommunications conglomerate appears to be pulling the plug on its entertainment ambitions with a deal with Discovery that will…

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#Giant moth so chunky it struggles to fly discovered

#Giant moth so chunky it struggles to fly discovered

“#Giant moth so chunky it struggles to fly discovered” Mothra surfaces in Australia. An Australian worker realized every entomophobe’s worst nightmare after encountering a moth so huge that it struggled to fly. The Mount Cotton State School in Queensland, where Mothra was discovered, shared a Facebook photo Sunday of the behemoth bug on the end…

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#Discovery’s Q1 squeezed by streaming costs, lower ad sales

#Discovery’s Q1 squeezed by streaming costs, lower ad sales

“#Discovery’s Q1 squeezed by streaming costs, lower ad sales” Discovery, the owner of Food Network, HGTV and TLC, reported first quarter results that fell short of Wall Street’s projections due to higher-than-expected costs related to the launch of its streaming service Discovery+ and declining advertising sales. Shares of Discovery slumped over 7 percent on the…

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#Shares of Discovery, ViacomCBS fall on Wells Fargo downgrade

#Shares of Discovery, ViacomCBS fall on Wells Fargo downgrade

“#Shares of Discovery, ViacomCBS fall on Wells Fargo downgrade” Shares of Discovery and ViacomCBS tumbled on separate downgrades from Wells Fargo on Friday, as analysts expressed concerned that the media companies’ recent gains may be overblown. In early-day trading, ViacomCBS saw its stock sink more than 12 percent, to $57.76, as shares of Discovery plunged…

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#Jordan Belfort to host GameStop documentary for Discovery+

#Jordan Belfort to host GameStop documentary for Discovery+

“#Jordan Belfort to host GameStop documentary for Discovery+” Jordan Belfort — the infamous stockbroker who inspired the hit film “The Wolf of Wall Street” — is set to host a new documentary on the sharp rise of GameStop’s stock for Discovery’s new streaming service. The hour-long documentary, slated to air on Discovery+ with the working…

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