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The Latest Breaking News from Discovery

CNN's News Streaming Service Struggles To Attract Viewers, Casting Doubt Over Its Future

Fewer than 10,000 people have watched Warner Bros.Discovery Inc's (NASDAQ:WBD) streaming service CNN+ daily since its March 29 launch, CNBC reports. Warner Bros. Discovery looks to cut hundreds of millions of investment dollars for the service, given concern over its future. Incoming CNN chief Chris Licht will join Warner Bros. Discovery on May…

Benzinga

Analysts Give Thumbs Up To This Newly Formed Media Giant; Compare It To Disney

In 2021, AT&T Inc (NYSE:T) and Discovery Inc agreed to merge AT&T's WarnerMedia assets with Discovery Inc's platform to create a standalone global entertainment company, now known as Warner Bros.Discovery Inc (NASDAQ:WBD). Analysts are now comparing the new media firm with The Walt Disney Co (NYSE:DIS). Evercore ISI analyst Vijay Jayant upgraded WBD to Outperform from In-Line with a price target of $40,…

Benzinga

John Campbell v Paddy Gower, Round 2

After three years of co-hosting TVNZ’s early morning show, Breakfast, John Campbell is returning to a reporting role. Mark Jennings looks at what the move means for 1News vs Newshub

Newsroom.co.nz

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WarnerMedia, Discovery Complete Merger, Become Warner Bros Discovery

AT&T Inc's WarnerMedia unit and Discovery Inc have completed their merger, the companies said on Friday. The combined company, Warner Bros Discovery Inc, will start trading on the Nasdaq on Monday under the ticker symbol "WBD". In May last year, the companies set out to merge and become a standalone…

Asharq Al-Awsat

Discovery and WarnerMedia close $43 billion merger

The new company immediately becomes one of the entertainment industry's biggest players alongside Disney and Netflix.

Axios

Disabled woman 'mortified' claiming pub staff accused her of being 'too drunk and wobbly'

The bar has since said sorry to the 40-year-old who has problems walking following a spinal injury

Wales Online

Discovery Chief Overhauls Leadership After WarnerMedia Acquisition

Discovery, Inc. (NASDAQ:DISCA) CEO David Zaslav picked his lieutenants as senior leaders of the combined group after acquiring WarnerMedia from AT&T Inc (NYSE: T), the Financial Times reports. The $43 billion merger of Warner and Discovery will likely close by April 8. JB Perrette, who has led Discovery's international and streaming businesses, is set to…

Benzinga

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Pub sorry as disabled woman says staff laughed at her saying she was 'wobbly'

Kia Little, whose spinal fracture impacts her ability to walk, says she felt 'mortified' when workers at The Discovery pub started 'making offensive comments' about her

Daily Mirror

WarnerMedia CEO Departs One Week Before Discovery Merger

AT&T Inc (NYSE:T) WarnerMedia CEO Jason Kilar stepped down before Discovery, Inc (NASDAQ:DISCA) completed the acquisition of WarnerMedia, Variety reports. The transaction will be complete on April 11. The departure was likely as Discovery chief David Zaslav looked to run the combined company, Warner Bros. Discovery. Also Read: AT&T To Spin Off Interest In WarnerMedia…

Benzinga

Channel 4: who’s in the running to buy the British broadcaster?

Sky, ITV, Discovery and Paramount may be interested if the terms are right – and none of them would want it in the hands of any other

The Guardian - UK

What does privatisation mean for Channel 4? Funding, timeline and why it's happening

Since its creation 40 years ago, free-to-air public-service television network Channel 4 has provided innovative, independent content - now it has been deemed a viable cash cow to fund the government's agenda

Daily Mirror

CEO Pay Increases and Heads for New Record as Pandemic Recedes

Pay increases for U.S. chief executives have gained steam, putting compensation on pace to set a record amid a tight labor market that is also driving pay higher for many of their workers.

Bangkok Post

US executives reap record pay as historic income gap with staff widens

Post-pandemic stock market rally delivers larger windfalls to bosses than to employees

Financial Times

Live updates: Kharkiv nuclear facility again hit by shelling

Ukraine’s nuclear watchdog says that a nuclear research facility in Kharkiv again has come under shelling by Russia and the fighting makes it impossible to assess the damage

The Independent UK

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The Independent UK

Opening day: CNN+ streaming service ready for launch Tuesday

After millions of dollars in spending and hundreds of new hires, CNN is ready to launch its CNN+ streaming service on Tuesday

Salon

HBO Max & Discovery+ will combine

It's a victory for cord cutters! Soon you might enjoy your premium dramas AND "90 Day Fiancé" on one platform

The Independent UK

Stacey Abrams makes surprise cameo as ‘United Earth President’ on ‘Star Trek: Discovery’

Georgia governor candidate Stacey Abrams gets ‘beamed up’ to guest star in Star Trek universe, a series she’s a self-proclaimed ‘Trekkie’ for

Tribune News Service

HBO Max, Discovery+ to combine into a single streaming service as part of merger

WarnerMedia’s new streaming service is going to offer everything cable once did: the newest movies, home renovation shows and Guy Fieri.

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Benzinga

Discovery CFO Confirms Merger With WarnerMedia's HBO Max App

Discovery Inc(NASDAQ: DISCA) CFO Gunnar Wiedenfels confirmed its merger with AT&T Inc (NYSE: T) WarnerMedia at the Deutsche Bank 30th Annual Media, Internet, & Telecom Conference, the Verge reports. Wiedenfels looks to bundle the two streaming services (Discovery Plus and HBO Max) into one offering. Wiedenfels believed that combining the two streaming services would better…

Benzinga

5 Companies That Stand To Lose Due To Operations In Russia, Ukraine

The invasion of Ukraine by Russia has led to many companies offering support to Ukraine while pulling operations from Russia. For many companies, the operations in the two countries represent a small portion of revenue and could have minimal impact on operations as the conflict continues.

Inverse

With 'Discovery' Season 4, Star Trek canon is finally getting real about aliens

Star Trek: Discovery Season 4 is avoiding all the alien tropes. Here's why this direction for the franchise is quietly very positive.

Benzinga

Will Investors Notice Exciting Sign On Discovery's Chart?

If history is any guide, there may be good fortune ahead for shares of Discovery (NASDAQ:DISCA). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Los Angeles Times

Discovery names 'Colbert' producer Chris Licht as new boss of CNN

NEW YORK — Discovery Inc. made it official Monday that veteran news and late night producer Chris Licht will take over the reins of CNN in May.

Benzinga

Looking Into Discovery's Return On Capital Employed

According to Benzinga Pro data Discovery (NASDAQ:DISCA) posted a 53.81% decrease in earnings from Q3. Sales, however, increased by 1.17% over the previous quarter to $3.19 billion.

Benzinga

This Favorable Sign Appears On Discovery's Chart

If history is any guide, there may be good fortune ahead for shares of Discovery (NASDAQ:DISCK). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

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