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WARNERMEDIA BUSINESS
Discovery Communications' FY23 profit flat at Rs 68 croreDiscovery Communications India's net profit for 2022-23 rose to ₹68 crore, with a revenue increase to ₹1,055 crore. Expenses declined, adve...- Warner Bros. Discovery's HR Chief Adria Alpert Romm announces retirement; Successor named as Jennifer Remling from WPPWarner Bros. Discovery's Chief People and Culture Officer, Adria Alpert Romm, is set to retire at the end of June 2024, as confirmed by the...
- Netflix set to report earnings, against the backdrop of two strikesAnalysts expect Netflix to have positive news to report. Resistance to the company's crackdown on password sharing has been scant.
- Warner Bros Discovery streaming business turns a profitThe company’s streaming unit, which includes the HBO Max and Discovery+ services, posted adjusted pre-tax earnings of $50 million in the qu...
- Animeta taps talent from Google, Meta, Viacom & WarnerMedia for leadership rolesThe new appointees include Vipasha Joshi as COO, Krishna Desai, as CPO and Biswamitra “Vishu” Ray who will look after branded content and c...
- Graphic India ropes in Anshuman Misra as Country headIn his new role, Anshuman Misra will be working closely with founder and CEO Sharad Devarajan to expand the company’s operations in the reg...
- TBS cancels 'Full Frontal With Samantha Bee' after 7 seasonsTBS said it has made "some difficult, business-based decisions" as part of its new programming strategy.
- Dentsu taps Nielsen's Robert Gilby as CEO for Asia Pacific regionGilby assumes the post on September 5. He will be based in Singapore and will report to Wendy Clark, Global CEO, Dentsu International. He w...
- As streaming competition heats up, WarnerMedia gains 3 million HBO customersThe increase in viewership comes after a tumultuous quarter for Netflix, which saw its subscriber base shrink for the first time in a decad...
- WarnerMedia and Discovery's merger all set to transform media segmentDiscovery and WarnerMedia have joined hands to create a giant media player with a high-scaled film and streaming division.
- WarnerMedia says it will pause all new business in Russia"We are following this situation closely," Kilar said in the note. "And future business decisions will be made with that context in mind."
- 'The Batman' & 'Turning Red' screenings in Russia paused; Warner Bros and Disney pull out new releases over Ukraine crisisFilm studio executives are wrestling with the Russia question, as the U.S. enact economic sanctions.
- CNN's Jeff Zucker resigns for not disclosing relationship with colleagueIn a memo to staff, WarnerMedia Chief Executive Jason Kilar wrote: "I have accepted Jeff Zucker's resignation as Chairman of WarnerMedia Ne...
- HBO Max slashes prices in limited offer as streaming wars heat upThe announcement comes days after WarnerMedia, which is owned by AT&T, stopped HBO subscriptions on Amazon's streaming service to establish...
- Watch your favourite shows, films on streaming, but first, find itAs streaming services proliferate, it's becoming more of a challenge to track down your favourites.
- CNN said to plan new streaming service ahead of AT&T-Discovery mergerThe news of CNN's planned new streaming services comes after AT&T, which also owns HBO and Warner Bros, and Discovery, said they will combi...
- AT&T, Discovery join media houses as cord-cutting encroachesFaced with cord-cutting and incursions by streaming services, major broadcast media companies have retrenched and sought strength through m...
- 'Wonder Woman 1984' opens with $16.7 mn, a pandemic-bestLast year, 'Star Wars: Rise of Skywalker' exceeded $32 million on Christmas Day alone.
- Sony to buy AT&T's anime business for $1.18 billion to expand global footprintThe deal will give Sony access to Crunchyroll's 3 million paying subscribers across more than 200 countries and regions, helping Sony compe...
- 'Gone With the Wind' will return to HBO Max after 'careful' planningIn the past decades, the film has been criticised by many for its portrayal of slavery and African-Americans.
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