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The Latest Breaking News from Warner Bros Discovery

TV's tough trajectory

The transition to streaming has wreaked havoc over business models of major media firms.

Axios

Six ways media took a big step backward in 2022

Elon Musk caused Twitter chaos, the streaming industry hit adolescence, late night TV lost its footing, there were lots of layoffs and some dispiriting indications of compassion fatigue.

WEKU

As controversies pile up and irk fans, James Gunn defends his choices as new DC boss

James Gunn is well aware of the backlash to the early creative decisions he has made as the new co-head of DC Studios. But he's not backing down.

Los Angeles Times

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HBO Max is deleting your favorite shows — but there’s a bright side

A whole slew of shows are slated to leave HBO's streamer, but most should be available in a new format.

Inverse

'It's sad news': Henry Cavill out as Superman due to 'changing of the guard' at DC

Henry Cavill is hanging up his Superman cape — and not by choice, it would seem.

Los Angeles Times

Patty Jenkins pushes back on those 'Wonder Woman 3' reports: 'I never walked away'

Filmmaker Patty Jenkins has broken her silence on Warner Bros.' recent decision to scrap "Wonder Woman 3" and allegations that she departed the project.

Los Angeles Times

You Can Still Score On 6 Stocks Before They Join The Nasdaq 100

Getting a jump-start on other investors is part of investing. And analysts think there's an opportunity to leap ahead of a major index.

Investors Business Daily

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Rivian, GlobalFoundries Joining Nasdaq 100 Index; Apple Chipmaker, China Stocks Falling Off

Tesla rival Rivian and GlobalFoundries lead Dec. 19 additions to the Nasdaq 100 index. Apple chipmaker Skyworks and two China names will exit.

Investors Business Daily

Another one bites the dust: Warner Bros. axes ‘Wonder Woman 3’ starring Gal Gadot

Wonder Woman is the new Batgirl.

Los Angeles Times

'Wonder Woman 3' not moving forward? Zack Snyder's DC Universe may be coming to an end

Another mighty female hero has been axed at Warner Bros. Discovery.

Inverse

HBO Max returns to Prime Video as Warner Bros. Discovery searches for revenue

HBO Max is back on Amazon Prime Video in the U.S., a little more than a year after its departure.

Los Angeles Times

'Batgirl' directors reveal a glimmer of hope for their canceled DC movie

Adil El Arbi and Bilall Fallah aren’t done with the DCU just yet.

Inverse

From CNN to Paramount, Media Firms Cut Jobs as Pressures Mount

An advertising slowdown, economic worries and strains of the shift to streaming have many major media companies in cost-cutting and layoff mode.

Bangkok Post

HBO Max is about to get an even worse name

In the wake of the tumultuous Warner Bros. and Discovery merger, the relatively new streaming service is getting a makeover.

Inverse

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Los Angeles Times

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

The budget cutting ax is in full swing at CNN.

Tribune News Service

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

ATLANTA — HLN as a news operation is no more.

The Guardian - AU

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

Axios

CNN layoffs begin

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

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The Guardian - US

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

Los Angeles Times

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?"

Pedestrian.tv

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

Not even Aaron Paul could save it…

Daily Mirror

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

Investors Business Daily

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.

Los Angeles Times

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.

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