The Newhouse family had been the largest shareholders of the media company, and will use the cash for estate planning and ...

Bank of America maintains Buy rating for Warner Bros. Discovery with $16 price target. Anticipates strong Q2 earnings, relaunch of DC Universe.

The Cat in the Hat's new teaser hints at a larger world of whimsy, which could set the stage for a larger universe of Dr.

The Day the Earth Blew Up: A Looney Tunes Movie had a difficult theatrical release, to say the least. The film was greenlit ...

Hollywood struggled in 2024, but the median pay for media and entertainment executives increased 7% from the previous year ...

Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming service and Warner Bros. studio, and the other around CNN and other ...

Warner Bros. Discovery will split into two public companies by next year, calving off cable operations from its streaming service as the number of people “cutting the cord” rises.

Warner Bros. Discovery's cable networks, like many of its rivals, have lost viewers as consumers shifted to streaming services such as Netflix, causing its stock to slump more than 60% since the ...

Warner Bros. Discovery is splitting into two separate companies — a dramatic shakeup that will create one division focused on streaming and Hollywood blockbusters and the other on cable TV and ...

Warner Bros. Discovery said in a news release that it was taking out a $17.5 billion short-term loan ahead of the split to buy back some debt from bondholders.

Warner Bros. Discovery shareholders voted on Tuesday to reject the pay packages for several of the company’s executives, including CEO David Zaslav’s compensation package of more than $50 million.

Netflix Inc., Warner Bros. Entertainment Inc., and Kaling International Inc. urged a federal judge to toss out Pepperdine University’s trademark lawsuit over their show “Running Point,” arguing it’s ...