After once saying that the linear TV business “may not be core” to Disney, CEO Bob Iger has completely changed his tune, telling Wall Street on Wednesday that the entertainment giant has now reached a ...
With Comcast planning to spin out NBCUniversal cable networks and Warner Bros. Discovery positioning itself to do the same, Disney CEO Bob Iger said the company may or may not join an anticipated move ...
Brian Ring offers his analysis on Netflix’s bid for Warner Bros Discovery — and why “leftover” linear TV assets might be more valuable than Wall Street believes ...
Warner Bros. Discovery‘s linear networks continued to lose ground amid ongoing challenges, weighing on the fourth quarter. Revenue eased 1% to $10 billion, shy of Wall Street forecasts. Net $1.9 ...
On December 12, 2024, Warner Bros. Discovery Inc. (NASDAQ: WBD, $10.63, Market capitalization: $26.1 billion), a global media and entertainment company, announced that its Board of Directors ...
Sorry to those other entertainment conglomerates, but Disney is—as usual—built different. Streaming has disrupted everything so thoroughly that alarms have been sounding about the extinction of linear ...
Disney beat analyst estimates on earnings, but missed on revenue expectations. The company’s entertainment unit was buoyed by streaming as the linear TV business experienced further declines in ad ...
The ratings firm marked WBD down to BB+ on overall cable TV weakness as the Hollywood studio pivots to the streaming space. By Etan Vlessing Canada Bureau Chief Warner Bros. Discovery has been ...
Possibly in preparation for a move similar to that of Comcast Corp., Warner Bros. Discovery recently announced a “new corporate structure” plan to separately segment its linear TV networks and ...
Kristin Dolan, Chief Executive Officer, stated, "We're pleased with our performance in the third quarter and our progress in several key areas. We delivered another quarter of healthy free cash flow ...
Kids watching "Bluey," "SpongeBob Squarepants" and "Paw Patrol" (Chris Smith/TheWrap) For decades, the act of watching kids TV was by appointment only. The networks dictated what was shown and when, ...
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