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The Latest Breaking News from Warner Bros Discovery

CNN is canceling ‘Morning Express with Robin Meade,’ another cost-cutting casualty

The budget cutting ax is in full swing at CNN.

Los Angeles Times

Robin Meade, entire Atlanta HLN news operations reportedly nixed amid CNN layoffs

ATLANTA — HLN as a news operation is no more.

Tribune News Service

The battle for Australia’s Home of HBO – and why too many streaming services could squeeze out Foxtel and Stan

We may live in an era of peak TV, but as more global giants arrive the content options dwindle for local streamers

The Guardian - AU

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CNN layoffs begin

The layoffs cap off what has been a particularly challenging year for the network.

Axios

Layoffs, low ratings and a lurch closer to the right: is CNN in crisis?

New management outlines a course to cut costs and return to political middle ground, but there may be no easy fix in sight

The Guardian - US

Warner Bros. quashed an unauthorized Joker movie. Inside the director's fight to save it

On the eve of the premiere of "The People's Joker," a parody origin story envisioning the Batman villain as a transgender woman trying to break into comedy, Vera Drew thought she was in the clear.

Los Angeles Times

MSNBC's election coverage finishes ahead of CNN's for the first time

NEW YORK — While the votes were being tallied for the Democratic Party's surprising showing in the midterm elections, some CNN viewers may have been asking "Where's Wolf?"

Los Angeles Times

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Yee-Naw: Westworld Has Officially Been Cancelled All 7 Remaining Fans Are Fkn Pissed

Not even Aaron Paul could save it…

Pedestrian.tv

Westworld season five cancelled by HBO after budget cuts and low ratings

Westworld has been axed by HBO after the show struggled to pull in the viewers. While the creators hoped to create a fifth season, the forth will be the sci-fi series' last

Daily Mirror

Sagging Ad Spending Hits Roku, Other Streaming Video Services

Just as streaming video services have begun embracing advertising, advertisers are pulling back as the economy weakens.

Investors Business Daily

David Zaslav defends Warner Bros. Discovery cuts: ‘We did not get rid of any show that was helping us’

LOS ANGELES — Warner Bros. Discovery Chief Executive David Zaslav addressed the significant cuts made at the company during the last six months, framing them as part of a fundamental “rethinking and reimagining” of how the media giant works as the entertainment industry endures a period of dramatic transformation.

Los Angeles Times

Can a new morning show with Don Lemon help turn around CNN's fortunes?

Calling 2022 a turbulent year for CNN is an understatement.

Los Angeles Times

US media mayhem set to continue as economic downturn bites revenues

The media bloodletting is underway as digital giants share less-than-rosy quarterly results. Will traditional media follow?

Crikey

CNN chief Chris Licht tells staff to brace for budget cuts

After Warner Bros. Discovery announced it will incur more than $1 billion in downsizing costs, CNN chief Chris Licht told staff at the news network to prepare for cutbacks.

Los Angeles Times

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The Street

DC Has Found Its Answer to Disney's Kevin Feige

Warner Bros. Discovery hopes an unexpected Dynamic Duo helps right the DC ship.

Los Angeles Times

James Gunn and Peter Safran named to lead DC Studios for Warner Bros.

LOS ANGELES — Warner Bros. Discovery has found its leaders for the DC film and television universe.

The Independent UK

Director James Gunn, Peter Safran to co-lead DC Studios

James Gunn, the writer-director who revived “The Suicide Squad” and made the “Guardians of the Galaxy” household names for Marvel, will soon be responsible for the future of Batman, Superman and the entire DC Universe for Warner Bros

Los Angeles Times

Warner Bros. Discovery to spend more than $1 billion downsizing

Warner Bros. Discovery reports that it will incur up to $1.5 billion in costs to shrink the company, cancel programming and provide severance packages to laid-off workers, among other expenses.

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Axios

Bad winter coming for U.S. media companies

The new economic reality means layoffs, hiring freezes, and other cost-cutting measures.

Benzinga

Did Black Adam Save DC Comics? How The Rock Could Revive Warner Brothers Stock

Best known as the home of Batman and Superman, DC Comics has a library of hundreds of comic book characters. Parent company Warner Bros Discovery (NASDAQ: WBD) now appears to have a new hit superhero movie from the DC Comics universe.

The Street

The Rock is Called in to Save the DC Comics Superhero Franchise

Dwayne “The Rock” Johnson has the look, but critics are mixed on the new Warner Bros. Discovery film 'Black Adam."

The Street

Is 'Black Adam' Warner Bros. Discovery's Last Chance to Make the DC Universe Work?

Or is it maybe time to move on from the DCEU?

Chicago Sun-Times

TNT’s ‘Inside the NBA’ hosts agree to contract extensions

“Inside the NBA” begins its 34th season on Tuesday.

Benzinga

Royalty Checks Help Her Sleep: Harry Potter Author J.K. Rowling Brushes Off Fan Backlash

The wizarding world of Harry Potter has spawned a bestselling book series, high-grossing movies, theme parks and a strong licensed brand.

Benzinga

Netflix Investor Buys Stake In Another Entertainment Company, Praises Its 'Must See' Content

A leading fund manager is increasing exposure to the streaming market across several mutual funds.

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