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Venu is dead. The sports-focused streaming service co-founded by The Walt Disney Co, Warner Bros. Discovery and Fox Corp. will not move forward, the companies said Friday. “After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the streaming service,” the companies said in a joint statement. “In…
Looking beyond the glitz of Canadian broadcasters rolling out their latest new and returning U.S. series at their recent upfront presentations in Toronto, you’d have seen local networks putting their best foot forward in pitches to local media buyers and agencies. But below the surface, the Canadians are paddling furiously to keep pace 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…
MyBundle operates an online platform being used by nearly 220 broadband providers of various sizes that target consumers looking for help navigating the TV world in the streaming age by simplifying the process of putting together content bundles tailored to their needs. On its website, consumers can enter information on streaming services to which they…
Longtime communications executive Chelsey Summey is joining Warner Bros. Discovery as senior vp of communications for Warner Bros. Motion Picture Group. Summer is moving over the hills and into Burbank from Amazon MGM Studios, where she served as head of corporate communications for the studio’s film group. At Warners, Summey will support the film group’s…
A New York judge has trimmed Warner Bros. Discovery‘s lawsuit looking to enforce the company’s exclusive streaming rights to South Park on HBO Max. Justice Margaret Chan on Tuesday found that Paramount didn’t violate any state consumer protection laws because the complaint revolves around a “private contract dispute” that allegedly caused WBD to overpay for…
Warner Bros. Discovery has inked an exclusive podcast distribution and monetization partnership with Acast for several of its brands. In the revenue-sharing deal, Acast will host, distribute and work as the exclusive sales partner for podcasts from the Food Network, TLC, HGTV, Animal Planet, Discovery Channel and the Travel Channel including Curiosity Daily, Food Network…
Live sports are coming to Max next month. The Warner Bros. Discovery-owned streaming platform will launch a new premium sports tier on Oct. 5, just in time for the Major League Baseball playoffs, which start two days later. The new tier will be called the Bleacher Report Sports Add-On (or B/R Sports), taking the name…
It’s officially official: Mark Thompson will be the new leader of CNN. Warner Bros. Discovery CEO David Zaslav formally announced Thompson’s hiring Wednesday, naming him chairman and CEO of CNN Worldwide, beginning Oct. 9. Thompson will oversee CNN’s business, strategy and operations, and will also “act as editor-in-chief, ultimately responsible for all CNN content,” per…
Gerhard Zeiler, president of international, Warner Bros. Discovery, will give the opening keynote at this year’s MIPCOM international television trade fair in Cannes. Zeiler will kick off the event with a fireside chat on Monday, Oct. 16. The 39th MIPCOM runs through Oct. 19. The veteran European media executive was honored at the conference back…