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The Latest Breaking News from Warner Bros Discovery

House of the 'House of the Dragon' Is On Fire: Why Is Warner Bros. Discovery Stock Tanking?

Since being spun off from AT&T Inc. (NYSE: T), media company Warner Bros. Discovery (NASDAQ: WBD) has seen shares fall. An earnings report and a new strategy shift are sending shares down further Friday.

Benzinga

Warner Bros. Discovery stock drops after disappointing forecast

Shares of Warner Bros. Discovery sank Friday after the media and entertainment giant reported disappointing earnings and lowered profit projections for the recently combined company.

Los Angeles Times

'Batgirl' got the chop, but 'The Flash' is on track despite allegations against Ezra Miller

The DC film universe is in the middle of a shakeup, but unscathed from the fallout is "The Flash," starring the embattled Ezra Miller.

Los Angeles Times

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Combined HBO Max and Discovery+ to launch in 2023 as Warner Bros. Discovery rejects AT&T strategy

LOS ANGELES — Warner Bros. Discovery gave more details about its plan to combine streaming services HBO Max and Discovery+ into one offering, as the company seeks a more disciplined strategy to succeed in the streaming wars amid wild speculation about its future.

Los Angeles Times

Warner Bros. Discovery CEO announces ten-year “reset” plan for DCEU

Warner Bros. Discovery CEO David Zaslav is rebuilding the DC franchise to look like Marvel's, and why he killed 'Batgirl.'

Inverse

Combined HBO Max and Discovery+ to launch in 2023 as Warner Bros. Discovery rejects AT&T strategy

Los Angeles Times

Warner Bros. axes $90 million ‘Batgirl’ movie. Directors ‘saddened and shocked’

LOS ANGELES — Warner Bros. has scrapped plans to release a nearly finished “Batgirl” movie that was planned for the streaming service HBO Max, according to two people familiar with the matter who were not authorized to speak publicly.

Los Angeles Times

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Nearly finished, $90 million ‘Batgirl’ movie shelved by Warner Bros.

Directors ‘saddened and shocked’ that their superhero movie, meant for HBO Max, has been buried.

Chicago Sun-Times

Batgirl directors respond to surprise axing of film: ‘We still can’t believe it’

Adil El Arbi and Bilall Fallah have released a statement to express shock and sadness over the decision for their already shot film to be killed

The Guardian - US

Warner Bros. Axes ‘Batgirl,’ Won’t Release $90M HBO Max Film

Warner Bros. has axed the $90 million “Batgirl” film planned for HBO Max, according to a person connected with the film who was not authorized to speak publicly about it. The decision was highly unusual for such a high-priced and high-profile movie. But the studio ultimately decided “Batgirl” didn’t merit…

Asharq Al-Awsat

Warner Bros. axes 'Batgirl,' won't release $90M HBO Max film

Warner Bros

The Independent UK

Warner Bros. axes $90 million 'Batgirl' movie that had been planned for HBO Max

LOS ANGELES — Warner Bros. has scrapped plans to release a nearly finished "Batgirl" movie that was planned for the streaming service HBO Max, according to two people familiar with the matter who were not authorized to speak publicly.

Los Angeles Times

Warner Bros. kills off 'Batgirl' movie, $90 million in

Sorry, DC universe fans: the movie, which starred 'In The Heights' actress Leslie Grace in the title role, will not be released theatrically or on HBO Max.

WEKU

Tax concerns axed Batgirl, but studios will suffer if they become too cynical

Hollywood has always been hard-hearted – but now more than ever, it needs to remember that films are more than just profit-generating ‘content’

The Guardian - UK

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The Guardian - AU

‘Irredeemable’ Batgirl movie unexpectedly cancelled despite being in final stages

Warner Bros confirms film starring Leslie Grace as Barbara Gordon, Michael Keaton, JK Simmons and Brendan Fraser won’t ever be released

Benzinga

No 'Batgirl' From Warner Bros. Discovery As $90M Movie Gets The Axe, Infuriating Fans On Twitter

“Batgirl,” a $90 million production currently in post-production at Warner Bros. Discovery Inc. (NASDAQ: WBD), has been shelved.

The Independent UK

Discovery's 'Shark Week' hopes to enchant and thrill viewers

If you think you’re safe avoiding sharks by simply staying out of the water, think again

RideApart

Warner Bros. Discovery And Shell Introduce New ‘Dare To Ride’ Series

Warner Bros. Discovery has partnered up with Shell to release a new TV series entitled ‘Dare To Ride,’ which showcases the growing ADV scene in Asia.

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Benzinga

Nexstar Nears Deal To Snap Majority Control In CW Network: WSJ

Nexstar Media Group, Inc (NASDAQ:NXST) is on the verge of acquiring majority control of the CW Network from Warner Bros. Discovery, Inc (NASDAQ:WBD) and Paramount Global (NASDAQ:PARA), the Wall Street Journal reports. The leading owner of local television stations would acquire 75% of the CW, a broadcast network aimed primarily at teens and young adults, with…

Benzinga

More Game Of Thrones Content Is Coming With A Jon Snow Series: What Investors Should Know

The "Game of Thrones" franchise will live on with a highly anticipated sequel series — just the latest in a string of spinoff programming inspired by the popular HBO show that spanned eight seasons.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, June 15

Reuters Warner Bros Discovery To Undergo Major Global Ad Sales Team Restructuring

Benzinga

Warner Bros Discovery To Undergo Major Global Ad Sales Team Restructuring

Warner Bros. Discovery, Inc (NASDAQ:WBD) could downsize up to 30% or nearly 1,000 jobs in its global advertising sales team, Reuters reports. Warner offered members of its U.S. advertising sales team an option to leave the company voluntarily. The global advertising sales team has ~3,000 members. Also Read: Warner Bros. Discovery Registers 15%…

Benzinga

Could Joker And Harley Quinn Have A Bad Romance In Sequel? Here's Who The Studio Is Targeting To Play The Henchwoman

Musician and actress Lady Gaga is being targeted to play Harley Quinn in the highly anticipated “Joker 2” sequel movie. If Lady Gaga joins, the second movie could have a much different feel and even find itself in a new genre.

Benzinga

Check Out What Whales Are Doing With WBD

A whale with a lot of money to spend has taken a noticeably bearish stance on Warner Bros Discovery. Looking at options history for Warner Bros.Discovery (NASDAQ:WBD) we detected 10 strange trades.

Axios

CNN evaluating partisan talent as part of push to make coverage more neutral

The network's new boss, Chris Licht, could oust individual CNN contributors who don't embrace the new approach, sources say.

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