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The Latest Breaking News from David Zaslav

Karma Comes Knocking at Warner Bros. Discovery’s Door

After announcing poor Q3 2023 earnings Wednesday, Warner Bros. Discovery’s stock is the worst-performing name in the S&P 500. And it’s not even close.

Barchart

Warner Bros. Discovery Reports Streaming Profit Despite Shedding Subscribers

Overall net loss shrinks in third quarter

Multichannel News

Warner Bros. Discovery down; strike impact, ad slump to extend to '24

Warner Bros. Discovery, which warned of a $500 million hit from Hollywood strikes, posted a wider-than-expected third quarter loss Wednesday.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

David Zaslav is Hollywood's latest villain, but Wall Street predicts a plot twist

The Warner Bros. Discovery CEO is the ultimate penny-pinching entertainment and media mogul for the private-equity era. But can a more austere Hollywood still deliver hits?

Fortune

Hollywood writers’ strike: WGA reaches ‘tentative’ deal to end 146-day strike

After five days of negotiations with studios and streaming services, union says it has an ‘exceptional’ deal for members to vote on

The Guardian - US

Warner Bros., Paramount higher on reports writers' strike nearing end

Reports suggest the months-long Hollywood writers' strike could come to an end as early as today.

The Street

As writers and studios resume negotiations, here are the key players in the Hollywood strikes

Negotiations between striking screenwriters and Hollywood studios resume Wednesday, the latest attempt to bring an end to pickets that have brought film and television productions to a halt

The Independent UK

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Hollywood's strikes are bulldozing the economy to the tune of 17,000 jobs and forcing a major studio to cut earnings guidance by $500 million.

The dual Hollywood strikes have eliminated legions of jobs and forced Warner Bros. Discovery to cut its projected profits.

Fortune

Leaders like David Zaslav show there's a dark side to 'managing up'

Managing up can be healthy, but the toxic version can hurt trust and innovation. Safeguarding against the downward spiral that it creates demands adding checks and balances within the system.

Fortune

Can Mark Thompson revive CNN’s struggling fortunes?

The former BBC and New York Times chief has been tasked with revitalizing a news network that seems to have lost its way

The Guardian - US

New CNN CEO Mark Thompson once rescued the New York Times from the end of newspapers. Can he do the same with CNN as cable TV dies?

After a tumultuous past few years, CNN has tapped Thompson's proven ability to turn around news organizations.

Fortune

Mark Thompson Named Chairman and CEO of CNN Worldwide

Warner Bros. Discovery brings in former director-general of the BBC and former president and CEO of The New York Times Company to turnaround CNN

TV Tech

CNN names Mark Thompson, former BBC and New York Times executive, as its new leader

CNN is bringing in former New York Times and BBC leader Mark Thompson in an attempt to turn around its fortunes

The Independent UK

CNN names former New York Times and BBC boss Mark Thompson as next chief executive

Mark Thompson led the BBC between 2004 and 2012 and The New York Times from 2012 until 2020

The Independent UK

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Multichannel News

Former BBC, ‘N.Y. Times’ Head Mark Thompson Named Chairman and CEO of CNN Worldwide

Replaces Chris Licht, whose tenure was short-lived

Broadcasting & Cable

The Next Text: Why Trump's X 'Views' Don't Really Matter ... But WGA Demands, CNN, Nielsen's Mushy Metrics, Fox GOP Debates and Google's Bundled, Linear TV Biz Still Do

Introducing our new recurring, reactionary, overtly shrill SMS exchange between Next TV writers Daniel Frankel and David Bloom, focused on the past week's TMT headlines

Total Film

Barbie’s IMAX release brings the Kenergy with all-new post-credits footage

As if you needed another reason to re-watch Barbie

The Guardian - UK

Cinema this autumn looks sicker, and healthier, than ever

The actors’ and writers’ strikes are worrying – but #Barbenheimer showed there’s still a large, engaged audience hungry for good movies

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TechRadar

Max plans to add sports streaming but you’ll have to pay more if you want it

Live sports and commentary are coming to Max along with content from CNN, but expect them to come with a price tag.

Fortune

It’s not just Disney—Warner Bros. Discovery lost millions of streaming subscribers, too

CEO David Zaslav predicted another year of operating losses at its global streaming business in 2023 as rivals struggle to narrow the gap with Netflix.

TechRadar

Ready for a Barbie party on Max? You've got a long wait on your hands

We won't be saying "Hi Barbie!" on any of the world's biggest streaming services for a few months yet.

The Street

Warner Bros. Discovery Could Bring Big Changes to How You Watch the NBA

Warner Bros. Discovery is still trying to figure it out when it comes to streaming and sports.

Broadcasting & Cable

Warner Bros. Discovery Seeing Higher Volume in Upfront Market

Company making plans to add sports, news to Max

Total Film

Barbie on streaming: here's (roughly) when you can watch it from your own Dreamhouse

Soon, but not soon enough

WhatToWatch

You can't stream Barbie anytime soon: here's why

Barbie is the hit movie of the summer, but when can you stream Barbie at home? We got our first hints as to when and where to expect it.

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