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The merger between AT&T's media properties, including Warner Bros., and smaller Discovery, is now officially a failure.
NBC is reportedly preparing a $2.5 billion bid for NBA rights, replacing WBD's TNT. Losing NBA rights would be the latest setback for Warner Bros.
Warner Bros. Discovery (WBD) closed at $8.15 in the latest trading session, marking a +0.49% move from the prior day.
Warner Bros Discovery is launching a data platform that would help advertisers better reach their target audience across both cable and digital channels, it said on Thursday.
Warner Bros. Discovery (WBD) has received quite a bit of attention from Zacks.com users lately.
Warner Bros Discovery Inc (NASDAQ:WBD) was downgraded by Wolfe Research to "underperform" from "peer perform" this morning.
Warner Bros. Discovery (WBD) reachead $8.40 at the closing of the latest trading day, reflecting no change compared to its last close.
The rise in pay was partly related to the loss-making media conglomerate's decision to align its executive compensation to focus more on debt reduction and free cash flow.
David Zaslav saw his total compensation package last year jump by more than $10 million to $49.7 million in 2023 — with Warner Bros. Discovery awarding him a base salary of $3 million, plus $23 million in stock awards, and non-equity incentive plan compensation (a cash bonus) of $22 million.
New Zealand media site Stuff Group said on Tuesday it had signed an agreement with Warner Bros Discovery to provide Warner Bros Discovery's New Zealand television channel with a 6 p.m. daily news programme.