A federal judge in New York has granted Fubo‘s request for Venu Sports, a planned sports bundle of Disney, Fox Corp. and Warner Bros. Discovery channels, be blocked on antitrust grounds. Fubo filed a lawsuit in February, blasting Venu as a “cartel” effort to do lasting damage to its growing pay-TV operation. U.S. District Judge
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The motivation for continuing to offer Discovery+ as a stand-alone streaming service after a combined offering with HBO Max debuts later this spring, is largely financial, Warner Bros Discovery CEO David Zaslav says. Word of the decision, which emerged earlier this month, followed months of execs heralding efforts to “harmonize” HBO Max and Discovery+ into
In a complete about-face from the business strategy employed by former WarnerMedia CEO Jason Kilar, Warner Bros. Discovery boss David Zaslav made it firm today that the new merged entertainment conglomerate “will fully embrace theatrical.” Period. “We have a different view on the wisdom of releasing direct-to-streaming films, and we have taken some aggressive steps
Warner Bros. Discovery Friday detailed its charges for the second quarter that included a combined $825 million hit on the content side, including $496 million for content impairment and $329 million for content development write-downs, as well as $208 million for employee terminations for the three months ended June. As reported Thursday, WBD posted a