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Wbd

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Larry Ellison: The Billionaire Behind America’s Growing Media Empire

Originally Published 3 months ago — by Business Insider

Featured image for Larry Ellison: The Billionaire Behind America’s Growing Media Empire
Source: Business Insider

Paramount CEO David Ellison is aggressively reshaping the media landscape by appointing Bari Weiss to CBS News and considering acquisitions like Warner Bros. Discovery, backed by his father's wealth, aiming to create a new media empire that could significantly impact Hollywood's structure and employment, while also raising concerns about media consolidation and industry disruption.

Max Plans Price Hike with Password-Sharing Crackdown

Originally Published 1 year ago — by Ars Technica

Featured image for Max Plans Price Hike with Password-Sharing Crackdown
Source: Ars Technica

Warner Bros. Discovery (WBD) plans to increase subscription prices and implement password-sharing crackdowns for its Max streaming service to boost revenue. The company is also considering adding more advertisements, despite already offering an ad-supported version. These strategies aim to capitalize on the growing streaming market as WBD's other businesses, like cable and film, face declines. Additionally, WBD CEO David Zaslav advocates for more mergers and acquisitions in the streaming industry to enhance profitability, suggesting potential changes under a new U.S. administration.