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The Latest Breaking News from Warner Bros Discovery

The battle for Australia’s Home of HBO – and why too many streaming services could squeeze out Foxtel and Stan

We may live in an era of peak TV, but as more global giants arrive the content options dwindle for local streamers

The Guardian - AU

CNN layoffs begin

The layoffs cap off what has been a particularly challenging year for the network.

Axios

Layoffs, low ratings and a lurch closer to the right: is CNN in crisis?

New management outlines a course to cut costs and return to political middle ground, but there may be no easy fix in sight

The Guardian - US

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Warner Bros. quashed an unauthorized Joker movie. Inside the director's fight to save it

On the eve of the premiere of "The People's Joker," a parody origin story envisioning the Batman villain as a transgender woman trying to break into comedy, Vera Drew thought she was in the clear.

Los Angeles Times

MSNBC's election coverage finishes ahead of CNN's for the first time

NEW YORK — While the votes were being tallied for the Democratic Party's surprising showing in the midterm elections, some CNN viewers may have been asking "Where's Wolf?"

Los Angeles Times

Yee-Naw: Westworld Has Officially Been Cancelled All 7 Remaining Fans Are Fkn Pissed

Not even Aaron Paul could save it…

Pedestrian.tv

Westworld season five cancelled by HBO after budget cuts and low ratings

Westworld has been axed by HBO after the show struggled to pull in the viewers. While the creators hoped to create a fifth season, the forth will be the sci-fi series' last

Daily Mirror

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David Zaslav defends Warner Bros. Discovery cuts: ‘We did not get rid of any show that was helping us’

LOS ANGELES — Warner Bros. Discovery Chief Executive David Zaslav addressed the significant cuts made at the company during the last six months, framing them as part of a fundamental “rethinking and reimagining” of how the media giant works as the entertainment industry endures a period of dramatic transformation.

Los Angeles Times

Can a new morning show with Don Lemon help turn around CNN's fortunes?

Calling 2022 a turbulent year for CNN is an understatement.

Los Angeles Times

CNN chief Chris Licht tells staff to brace for budget cuts

After Warner Bros. Discovery announced it will incur more than $1 billion in downsizing costs, CNN chief Chris Licht told staff at the news network to prepare for cutbacks.

Los Angeles Times

James Gunn and Peter Safran named to lead DC Studios for Warner Bros.

LOS ANGELES — Warner Bros. Discovery has found its leaders for the DC film and television universe.

Los Angeles Times

Director James Gunn, Peter Safran to co-lead DC Studios

James Gunn, the writer-director who revived “The Suicide Squad” and made the “Guardians of the Galaxy” household names for Marvel, will soon be responsible for the future of Batman, Superman and the entire DC Universe for Warner Bros

The Independent UK

Warner Bros. Discovery to spend more than $1 billion downsizing

Warner Bros. Discovery reports that it will incur up to $1.5 billion in costs to shrink the company, cancel programming and provide severance packages to laid-off workers, among other expenses.

Los Angeles Times

Bad winter coming for U.S. media companies

The new economic reality means layoffs, hiring freezes, and other cost-cutting measures.

Axios

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Benzinga

Did Black Adam Save DC Comics? How The Rock Could Revive Warner Brothers Stock

Best known as the home of Batman and Superman, DC Comics has a library of hundreds of comic book characters. Parent company Warner Bros Discovery (NASDAQ: WBD) now appears to have a new hit superhero movie from the DC Comics universe.

Chicago Sun-Times

TNT’s ‘Inside the NBA’ hosts agree to contract extensions

“Inside the NBA” begins its 34th season on Tuesday.

Benzinga

Royalty Checks Help Her Sleep: Harry Potter Author J.K. Rowling Brushes Off Fan Backlash

The wizarding world of Harry Potter has spawned a bestselling book series, high-grossing movies, theme parks and a strong licensed brand.

Benzinga

Netflix Investor Buys Stake In Another Entertainment Company, Praises Its 'Must See' Content

A leading fund manager is increasing exposure to the streaming market across several mutual funds.

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Los Angeles Times

Writers workshop axed as layoffs hit Warner Bros. Television

Warner Bros. Discovery's rolling layoffs have come to its television division, the studio responsible for shows including "Ted Lasso," "Abbott Elementary" and "The Bachelor."

The Independent UK

SMRG and Warner Bros Discovery to launch new Arabic-language channel

CNN and HBO owner says new partnership with SRMG is ‘a solid step for us’

Sports Illustrated

Tony Khan Reflects on Three Years of ‘AEW Dynamite’

This week’s episode will mark the third anniversary of the company’s flagship TV show.

Asharq Al-Awsat

SRMG, Warner Bros. Discovery Partner to Launch 'Asharq Discovery'

The Saudi Research and Media Group (SRMG), the MENA region's largest media group, entered into a long-term partnership with Warner Bros.

The Independent UK

Mel Gibson claims Warner Bros Discovery merger is behind Lethal Weapon 5 delay

‘They chop everyone else up and throw them away and get new people,’ actor said of long-awaited fifth action instalment

Inverse

'Constantine 2' signals new life for DC movies — but at what cost?

17 years later, 'Constantine' is experiencing a resurrection. But what does it tell us about DC's on-screen future?

Los Angeles Times

2022 Emmys: Do the awards still matter in a TV business under siege?

LOS ANGELES — The 74th Emmy Awards were handed out Monday night with trademark glitz and self-deprecating humor, but this year’s show did little to mask the fear roiling the television industry.

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