Netflix CEOs defend Warner Bros. deal
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In the third quarter, Netflix generated revenue that climbed 17% year over year to $11.5 billion, driving its adjusted earnings per share (EPS) up 27% to $6.87. Management expects its growth streak to continue. Netflix is guiding for fourth-quarter revenue of $11.96 billion, resulting in EPS of $5.45, an increase of 28%.
Warner Bros. has a history of disastrous mergers and acquisitions. Can they avoid another bad sequel as Netflix and Paramount battle to buy it?
After revealing the company would split in two last month, Warner Bros. Discovery have announced what each new entity will be called. In a press release issued on Monday, Warner Bros. Discovery revealed that the “Streaming & Studios” division of the ...
Warner Bros. Discovery, meet Warner Bros. and Discovery. The media company has officially announced the names and senior leadership teams for after it splits itself in two, with David Zaslav’s streaming and studios business to be called Warner Bros.
While the vast majority of the focus around Hollywood will be on Netflix owning HBO, DC Studios, Harry Potter and one of the most cherished movie libraries (which one exec called like a “futuristic sci-fi movie where one place delivers all entertainment”), the deal will also essentially recreate Discovery Communications with a few more networks.
The broadcasts for the College Football Playoff's first-round games will be split between Warner Bros.' TNT networks (TNT/TruTV/HBO Max) and Disney's networks (ABC/ESPN). The rest of the College Football Playoff games will be exclusively broadcast on Disney's ESPN.
Warner Bros. Discovery on Monday announced the corporate names and leadership teams of its two future businesses as the company prepares to split in mid-2026. Its streaming and studios division will be called "Warner Bros." and its global networks segment ...
President Donald Trump inserted himself directly into the battle for control of Warner Bros. Discovery on Wednesday, saying, “It’s imperative that CNN be sold,” while deriding the network’s news coverage.