Tag: Warner Bros Discovery
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Paramount is Reportedly the Likely Winner in the Warner Bros. Race Due to Interest in CNN
Paramount is the frontrunner in the race to acquire Warner Bros. Discovery, according to a new report from the NY Post. What’s giving Paramount the advantage? A source for the NY Post says that Paramount is the only company to make an offer that includes CNN as part of the deal. Paramount, Comcast, and Netflix…
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Paramount, Comcast, and Netflix Have Submitted Bids for Warner Bros. Discovery
The deadline for the initial round of offers for Warner Bros. Discovery was yesterday, November 20. As expected, Paramount, Comcast, and Netflix all submitted bids. These nonbinding bids are the first step in a potential sale. Next, the submissions will be reviewed and the bidders will be asked to submit binding offers. Meanwhile, Warner Bros. Discovery…
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Netflix Will Continue Bringing Warner Bros. Movies to Theaters if Merger Goes Through
Netflix has reportedly told Warner Bros. Discovery leadership that it would continue to send movies to theaters, if the streamer acquires the studio, honoring any existing contract obligations. Bloomberg first reported on the update to the ongoing conversations about who will acquire Warner Bros. Discovery. Netflix has taken its own titles to theaters before, in…
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Peacock & HBO Max Could Soon Merger Together as Comcast Prepares an Offer to Buy Warner Bros. Discovery
In a move that could redefine the streaming landscape and consolidate two of Hollywood’s most iconic content empires, Comcast has retained elite Wall Street advisers Goldman Sachs and Morgan Stanley to craft a formal bid for Warner Bros. Discovery’s prized studios and streaming operations. Sources close to the deliberations confirm to Reuters that the cable…
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Warner Bros. Loses Sequel Rights to ‘The Matrix’ and ‘Ocean’s Eleven’ in Surprise Bankruptcy Auction Outcome
Warner Bros. Discovery has lost control of the sequel and remake rights to several major franchises (including The Matrix, Ocean’s Eleven, Joker and Wonka) following a bankruptcy court ruling tied to Village Roadshow’s film library sale. That means the studio will now have to collaborate with competitor Alcon Entertainment on future installments. The development was…
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Amazon Eyes Buying Warner Bros. Discovery: A Potential Media Powerhouse Merger
Amazon is reportedly preparing to submit a bid for Warner Bros. Discovery, the struggling media conglomerate behind HBO, CNN, and the DC Comics universe. According to sources familiar with the matter, the e-commerce giant views the acquisition as a strategic opportunity to bolster its streaming ambitions and secure a larger footprint in Hollywood’s content creation…
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Warner Bros. Brings “Sinners” to Digital; “Final Destination Bloodlines” Home Release Date Revealed
A pair of Warner Bros. releases are coming home to digital retailers in June. Cord cutters can experience the acclaimed vampire thriller Sinners, written and directed by Ryan Coogler and starring Michael B. Jordan in a haunting dual role, which is available today on digital platforms. Final Destination Bloodlines, the thrilling sixth installment in the…
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Warner Bros. Discovery Added 5.3 Million Streaming Subscribers in the Beginning of 2025
Earlier today, Warner Bros. Discovery announced that its streaming business added 5.3 million paid subscribers, bringing its total paid subscriber count to 122.3 million. That total includes Max and Discovery+. While streaming saw success, other areas of the company fell short, including linear cable. For the quarter, the company’s net loss was $453 million. Revenue…
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Warner Bros. Discovery CEO Made Nearly $52 Million in 2024
Warner Bros. Discovery filed its 2025 proxy statement this week, which included information about CEO David Zaslav’s compensation. In 2024, Zaslav saw a pay increase of 4%, bringing his annual pay to $51.9 million. Variety reports that in 2023, Zaslav received a whopping 26.5% increase, which brought his annual pay that year to $49.7 million…
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Max Could Soon Begin Charging for the B/R Sports Add-On
Streaming sports on Max could come with a monthly fee soon, according to a newsletter from Bloomberg’s Screentime. In October 2023, Max, the WBD streaming platform, introduced the B/R Sports add-on, which houses TNT Sports live sporting events. Since its introduction, the B/R Sports add-on has been free of charge for Max subscribers but there…