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The Warner Bros. Discovery Global Brands and Experiences division unveiled the global leadership for its consumer products business, formalizing the marriage of legacy Warner Bros. and Discovery operations. Canada and U.S. are now integrated into one North American team, and major international regions…

Warner Bros. Discovery Friday detailed its charges for the second quarter that included a combined $825 million hit on the content side, including $496 million for content impairment and $329 million for content development write-downs, as well as $208 million for employee terminations for the three months ended…

Shares of Warner Bros. Discovery continued to fall Friday, down more than 15%, after its first combined financials report featured a big net loss, disappointing revenue, high debt and a slower outlook for streaming amid anticipate post-merger growing pains. Steven Cahall of Wells Fargo, downgraded the stock (from…

Warner Bros. Discovery is doubling down on HBO and HBO Max. Speaking of HBO & HBO Max Chief Content Officer Casey Bloys and his team, WBD President and CEO David Zaslav revealed that “we’re going to spend dramatically more” in 2022 and 2023 vs. 2020 and 2021. Execs, however, declined to give out any numbers, and a rep…

"We're not going to launch a movie until it's ready." That was pretty much Warner Bros. Discovery CEO David Zaslav’s answer when asked about the recent scrapping of Batgirl during an investor Q&A on the company’s Q2 call. While he didn’t specifically address the details of the latest Batgirl imbroglio, which greatly…

Kids and animated content are set for a broad swath of cuts across Warner Bros. Discovery. Yesterday, Deadline revealed that HBO Max had canceled Ellen DeGeneres' preschool series Little Ellen and it's emerged that this was part of a much wider strategy shift in kids animation. Warner Bros. Discovery operates kids…

In a complete about-face from the business strategy employed by former WarnerMedia CEO Jason Kilar, Warner Bros. Discovery boss David Zaslav made it firm today that the new merged entertainment conglomerate “will fully embrace theatrical.” Period. “We have a different view on the wisdom of releasing…

Warner Bros. Discovery expects to launch its combined HBO Max/Discovery+ streaming service in the U.S. next summer. JB Perrette, CEO and President, Global Streaming and Interactive at WBD, revealed the news on the company's earnings call Thursday. "Our primary focus for the rollout will be in the markets where HBO Max…

CNN and Warner Bros. Discovery are launching a dedicated CNN Originals hub on Discovery+ domestically starting August 19. The curated selection of library CNN content will feature over 800 hours of premium current and legacy programming CNN Original Series, CNN Films and HLN Original Series. "We're thrilled to expand…

Warner Bros. Discovery is heading into a very important week. The company, whose regime just crossed the 100-days-in-office mark, reports its Q2 earnings Thursday, when CEO David Zaslav and his team are expected to lay out more concrete plans for the combined entity than they did on the Q1…

UPDATED with closing price: Warner Bros. Discovery shares had a volatile debut, rising early in the session, heading lower then ending the session higher as financial analysts dissected the newly combined entity following the deal’s close on Friday. Reports out today – and more will follow – range from a thumbs-up on W…