Tag: Warner Bros. Discovery
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Warner Bros. Discovery CEO David Zaslav Sells $30 Million in Company Stock
Warner Bros. Discovery CEO David Zaslav has sold approximately $30 million worth of company stock, according to a recent SEC filing. The sale, which involved 2.6 million shares at an average price of $11.73, was reportedly conducted for “year-end income tax and gift/estate planning purposes.” While the transaction represents a significant sum, it constitutes…
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Max is Now Free for Spectrum TV Select Customers
Another streaming service gets the bundle treatment as Spectrum and Warner Bros. Discovery have come to an agreement that will provide Spectrum TV Select customers the Max with Ads plan for no additional cost. As part of the two companies’ new distribution agreement, Spectrum TV Select customers can enjoy the premium streaming service, which retails…
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A Max & Peacock Bundle Could Be Coming After WBD & Comcast Extend Rights Deal
A Max and Peacock bundle could be coming soon after WBD and Comcast announced a new distribution agreement that expanded streaming rights for Max and Discovery+ in the United States. The new deal renews the agreement to distribute the WBD linear cable networks for Xfinity TV customers, including TNT, TBS, CNN, Discovery, Food Network, HGTV,…
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Warner Bros. Discovery Executive Urges Industry to Ditch the Word “Cable”
Kathleen Finch, the outgoing head of U.S. networks at Warner Bros. Discovery, has a message for her colleagues in the television industry: stop using the word “cable.” Speaking at Content London, Finch emphasized that the focus should be on creating compelling content, regardless of the platform where it’s consumed. “What we do is content,” she…
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Warner Bros. Discovery & NBA Settle Lawsuit, Inside The NBA Moving To ESPN & ABC
Warner Bros. Discovery has reportedly reached a settlement with the National Basketball Association (NBA) in a lawsuit over broadcasting rights, ensuring the media giant will continue to be involved with the league for at least the next decade. This agreement ends a legal battle that erupted after the NBA signed new deals with ESPN, NBCUniversal,…
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Warner Bros. Discovery Wants Max to Merger With Other Streaming Services
Warner Bros. Discovery (WBD) CEO David Zaslav has renewed his call for increased consolidation in the streaming industry, arguing that the current fragmented landscape is unsustainable. Speaking at an investor during its earnings call this week, Zaslav emphasized the need for more mergers and acquisitions (M&A) to address the challenges faced by both consumers and…
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Warner Bros. Discovery Hints at Further Price Hikes & More Ads for Max Streaming Service, Citing “Premium Nature” of Product
Warner Bros. Discovery (WBD) executives have signaled that further price increases may be on the horizon for its streaming service, Max. During the company’s recent earnings call, JB Perrette, CEO and President of Global Streaming and Games, suggested that Max has room to raise prices even after two increases in the past two years. Justification…
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Max Sets Record Numbers After Adding 7.2 Million Subscribers in Q3
Warner Bros. Discovery made a giant leap with its Max and Discovery+ streaming platforms during the third quarter of 2024. The company announced in its earnings reports that the platforms added 7.2 million customers worldwide, which increased its total number to 110.5 million. The numbers represent the number of subscribers as of September 30, and…
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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…
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Is the New Free Streaming Service from Warner Bros. Discovery Called “WBTV” Dead? – Ask Luke
It has now been two years since we first learned that Warner Bros. Discovery was looking at launching a free ad-supported streaming service. More recently last year we learned that Warner Bros. Discovery has been planning on launching the ad-free streaming service. Since that announcement, Warner Bros. Discovery has gone dark on the service, focusing…