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Warner Bros. Discovery stock, which has been gaining ground in recent weeks after falling to a low of about $6 a share earlier this year, jumped 15.4% on the news to $12.49. Zaslav and his team ...
David Zaslav, president and CEO of Warner Bros. Discovery, sold just over $30 million worth of his stock holdings in the media conglomerate — the first time he’s cashed in shares of the media ...
Warner Bros. Discovery, CNN’s corporate parent, announced Thursday it is establishing a new corporate structure that splits off its cable networks from its growing streaming business.
In June 2014, Rupert Murdoch made a bid for Time Warner at $85 per share in stock and cash ($80 billion total) which Time Warner's board of directors turned down in July. Time Warner's CNN unit would have been sold to ease antitrust issues of the purchase. [83] On August 5, 2014, Murdoch withdrew his offer to purchase Time Warner. [84]
Time Warner Entertainment (26%, with Time Warner Inc.): Comcast sold its 26% stake to Time Warner Inc. (now Warner Bros. Discovery) in 2003. TV One: 50% joint venture with Radio One, which acquired Comcast's stake in 2015
Warner Bros. Discovery stock rose nearly 12% on Thursday after the company reported strong streaming results in the third quarter, including its largest-ever quarterly subscriber growth since the ...
TMS is an international provider of data for TV and movies. As part of its On Entertainment product line, the company supplies data to companies such as TiVo, Roku, Virgin Media, DIRECTV and Time Warner Cable to enable entertainment guides and applications. In addition, the metadata is used for media measurement and analysis. TMS also produces ...
UPDATED: Shares of Warner Bros. Discovery slid more than 12% in early trading Thursday to all-time lows after the media conglomerate — heavily reliant on its pay-TV business — announced a ...