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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…
Warner Bros. Discovery’s progress in making its streaming business profitable and reducing its debt after the mega-merger that created the Hollywood giant was in Wall Street’s focus on Thursday. With the entertainment conglomerate’s second-quarter results in the book, including a streaming loss of just $3 million, and management commentary, including boosting its post-merger cost-savings target…
Warner Bros. Discovery has extended its content distribution relationship with Sky for the New Zealand market, making the Comcast-owned broadcaster and telecom company the continued home of HBO, Max, Warner Bros. and Discovery programming for New Zealand viewers. The partners described the pact as a “multi-year” agreement, but WBD also made clear that the deal…
Streaming businesses are getting overhauled in the hope of reaching profitability down the line; the advertising market may be stabilizing but has been challenged; Hollywood writers are striking; record cord-cutting has further eaten away at TV networks divisions that once were the big profit centers; companies are going through layoffs to address “macroeconomic” clouds. To…
Warner Bros. Discovery is laying off Karen Horne, a diversity, equity and inclusion executive, The Hollywood Reporter has confirmed. Horne’s departure is not a result of cost-cutting measures, according to a memo sent by Asif Sadiq, Warner Bros. Discovery’s chief global diversity, equity and inclusion officer, but is rather due to reorganization of the division,…
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…
The executive VP and GM of Turner Classic Movies Pola Changnon has opted to exit Warner Bros. Discovery. Changnon has led TCM as its GM since 2020, but has been with the company for more than 25 years. She announced her decision to leave the company in a memo to TCM staff Tuesday. In another note…
AT&T does not see cable companies’ mobile subscriber gains coming at its expense and sees a “pretty high” bar for a merger of DirecTV and Dish Network, CFO Pascal Desroches told an investor conference on Tuesday. Speaking at the Bank of America C-Suite Technology, Media and Telecommunications Conference in London in a session that was…