News

Four years ago, David Zaslav clinched a debt-heavy deal to merge cable mainstay Discovery Inc. — which he’d run since 2006 — ...
The studio and cable conglomerate that David Zaslav created couldn’t overcome outside forces and massive debt.
NBCUniversal and Warner Bros. Discovery are racing to offload their ailing linear TV channels. But just one of the new ...
Warner Bros. Discovery Inc.'s plan to spin off television channels like CNN, TNT and Food Network from its studio and streaming businesses is causing angst in the bond market, with a big selloff ...
Warner Bros. Discovery’s (WBD) plans to split the company into two is the result of a broader “shakeout” in the entertainment ...
The CNN star's bumper pay was revealed amid disquiet over parent company Warner Bros Discovery's plans to split into two firms.
A recent round of layoffs at Paramount has affected 3.5% of the company’s US teams, with more cuts still on the table in the ...
More pressing for investors is the need to reconcile Newsmax's lofty valuation. With a current $1.7 billion market ...
The S&P/ASX 200 is set to extend its record-breaking streak, while US stock struggled amid a re-escalation in Middle East ...
Iger emphasized the continued value of the broadcast and cable channels, citing revenue from advertising and subscriber fees.
After a long-forgotten painting of Hercules and Omphale was punctured by glass and coated in debris during the 2020 explosion in Beirut, the monumental oil-on-canvas, painstakingly restored over ...