NBC Washington
Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring
Warner Bros. Discovery on Thursday announced a restructuring plan to segment its business into linear and streaming units in a move that could simplify future consolidation. Shares of WBD were up roughly 15% in early trading Thursday. The company's new ...
Anadolu Agency
US media companies fight for control of Warner Bros. Discovery
Despite $82.7B Netflix deal, Paramount counter offer $108.4B amid anti-trust concerns about Netflix attaining more than 30% market share if its deal goes through - Anadolu Ajansı
Comcast reveals details of failed Warner Bros. Discovery bid, won't rejoin pursuit
Comcast co-CEO Michael Cavanagh explained why the bid for Warner Bros. Discovery fell short and confirmed it won't counter Paramount's hostile offer.
New York Post
Netflix hires investment bank to explore a bid for Warner Bros. Discovery: report
Netflix is actively exploring a bid for Warner Bros Discovery’s studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with the matter. The video streaming service has ...
IGN Africa
Warner Bros. Video Games Business 'Relatively Minor Compared to the Grand Scheme of Things,' Netflix Says
While Warner Bros. is best known for its movie and TV business, Warner Bros. Games includes a number of well-known video game developers and brands. Batman Arkham developer Rocksteady, LEGO games developer Traveller's Tales, Hogwarts Legacy developer Avalanche Software, and Mortal Kombat maker NetherRealm are all on Warner Bros. Games’ books.
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