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Wb Discovery

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politics4 hours ago•36 min saved

Cruz grills Netflix chief over Billie Eilish Grammys remark at merger hearing

During a Senate antitrust hearing on Netflix's proposed merger with Warner Bros. Discovery, Sen. Ted Cruz pressed Netflix CEO Ted Sarandos and WB Discovery executive Bruce Campbell about Billie Eilish’s Grammys speech, suggesting Hollywood’s left-leaning tilt and calling the industry “deeply corrupt”; Sarandos said he didn’t know the land’s history, while Cruz used the moment to push broader questions about political content and competition in the merger process.

via Yahoo News UK|

#antitrust #billie-eilish #netflix

business1 year ago•8 min saved

Warner Bros. Discovery's Streaming Success Overshadowed by Q4 Warning Signs

Warner Bros. Discovery's fourth-quarter earnings report showed enviable free cash flow and progress in reducing heavy debt, but a 10% slide in share price reflected surprise at year-over-year declines in revenue and earnings at its studio and linear networks divisions. CEO David Zaslav acknowledged ongoing challenges in the pay TV and linear advertising ecosystems, while emphasizing the company's focus on building its streaming service Max and deploying creative assets. Despite narrowing losses for Max and prudent financial management, concerns remain about the studio's performance and the company's ability to offset declines in linear revenue. The company is also banking on international growth and a new sports venture to improve its streaming fortunes.

via Variety|

#business #debt #earnings-report

entertainment2 years ago•1 min saved

"Harry Potter Reboot Set to Enchant HBO Max Viewers"

A Harry Potter TV series for HBO Max is reportedly in the works, with author JK Rowling nearing a deal to produce the show. The series could span seven seasons, each focusing on one of the books. No official details have been confirmed, including casting, plot, or release date. WB Discovery CEO David Zaslav has met with Rowling multiple times and has supported the author amidst controversy over comments about transgender issues. The success of the recent game, Hogwarts Legacy, demonstrates the ongoing appeal of the Harry Potter series.

via GameSpot|

#entertainment #harry-potter #hbo-max