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☆ Warner Bros.' boss made bank last year, despite the Hollywood strikes
▼ + stars: | 2024-04-19 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Warner Bros. Zaslav's compensation increased despite actors' and writers' strikes, topping his 2022 earnings. Warner Bros. reported losses for the year despite Zaslav's increased compensation. The CEO of Warner Bros. Related storiesDespite both the actors' and writers' strikes that lasted nearly 4 and 5 months respectively, Zaslav's pay for the year went up.

Persons: David Zaslav, — Organizations: Warner Bros, Discovery Inc, Service, WarnerMedia, Street Journal

☆ Wall Street is loving AI while Big Tech is warning employees about how they use it
▼ + stars: | 2024-02-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at Wall Street's love affair with Nvidia (and AI) while Big Tech still grapples with how to use the tools . Since Nvidia's GPUs sit at the center of the AI revolution, the company's success suggests the hype around the tech is warranted. One issue is bias showing up in AI tools . AdvertisementInternal documents show that Amazon is warning its employees not to use third-party generative AI tools for work , BI's Ashley Stewart and Eugene Kim report. It's an interesting acknowledgement of the risks involved with using AI tools — especially when Amazon is pitching its own chatbot to customers .

Persons: —, It's, Michael M, Tyler Le, it's, Matthew Fox, Wall, Jensen, Kathleen Brooks, XTB, BI's George Glover, Chelsea Jia Feng, — ChatGPT, Monica Melton, BI's Ashley Stewart, Eugene Kim, Paul Morigi, Jenny Chang, Rodriguez, Goldman, Joe Duran, Jensen Huang, Huang, Reddit, Sam Altman, Elon Musk, Gemini, isn't, RJ Scaringe, Rivian, Scaringe, Steve Conine, Niraj Shah, Lucas Jackson, Wayfair, Bruce Dixon, they'd, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Nvidia, Big Tech, Getty, Nasdaq, Nikkei, GameStop, SEC, CNBC, EV, Warner Bros Discovery Inc, Hyatt Hotels Locations: Paul, New York, London, Chicago

[1/2] JioCinema and Pokemon logos are pictured in this illustration taken November 15, 2023. Pokemon has spawned a global multi-billion dollar media franchise spanning trading cards, games, TV shows and movies. In total, JioCinema will add around 3,000 hours of children's content, including movies and shows from Entertainment One, Animaccord, Cartoon Network Studios and DreamWorks, the sources said. Some Pokemon content was earlier on Voot, but the new JioCinema deal is a "much larger partnership", one of the sources said. NBCUniversal told Reuters that "kids and family programming", including DreamWorks content, was part of a multi-year partnership with JioCinema announced in May.

Persons: Dado Ruvic, Mukesh Ambani, Mukesh Ambani's, Ambani, Viacom18, NBCUniversal, JioCinema, Aditya Kalra, Munsif, Miral Organizations: REUTERS, Disney, Netflix, Cartoon Network, DreamWorks, Pokemon Company, Walt Disney Co, Nintendo, Media Partners, Entertainment, Cartoon Network Studios, Reuters, Warner Bros Discovery Inc, Hollywood, Thomson Locations: DELHI, India, New Delhi, Bengaluru

☆ These high beta stocks will lead the way if the year-end comeback continues
▼ + stars: | 2023-11-16 | by ( Hakyung Kim | ) www.cnbc.com time to read: +8 min

Essentially, if the broad market index rises by 1%, the following high beta stocks could jump by 1.5% or more. The company has a beta value of 1.7 and is scheduled to report earnings on Tuesday. Essentially, if the broad market index rises by 1%, the following high beta stocks could jump by 1.5% or more. Goldman Sachs recently recommended the pullback in Devon Energy shares as a buying opportunity, citing the company's strong balance sheet as a factor. The company has a beta value of 1.7 and is scheduled to report earnings on Tuesday.

Persons: Stocks, Goldman Sachs, Wells Fargo, Gunnar Wiedenfels, Bing Guan Organizations: CNBC Pro, Dow Jones, Nasdaq, CNBC, APA Corp, APA, Devon Energy, Marathon, Marathon Oil, Nvidia, UBS, Qs, Warner Bros Discovery, Angeles Refinery, Reuters, Beta, APA APA Corp, Entertainment, Devon Energy Corp, Oil Corp, Targa Resources Corp, MGM MGM Resorts, HAL Halliburton, McMoRan, Aptiv, WYNN Wynn Resorts, Body, Semiconductor Corp, NVIDIA Corp, Zebra Technologies, Albemarle, Alaska Air Group Locations: Angeles, Carson , California, Freeport

☆ You haven't been paying a fair price for your streaming services. Warner Bros. Discovery CFO says: 'I think that's in the process of being corrected'
▼ + stars: | 2023-09-19 | by ( Will Gendron | ) www.businessinsider.com time to read: +4 min

A change may be coming to your streaming services, Warner Bros. The services have been undervalued, Gunnar Wiedenfels said, and "quality content has been given away"That could spell price hikes. AdvertisementAdvertisementAs Insider's Matt Turner summed up: "Streaming services have been underpriced in the name of attracting critical mass." In January, Warner Bros Discovery increased the price of an ad-free subscription to HBO Max for the first time since its launch in 2020. Aside from boosting prices, services are also cracking down on password sharing.

Persons: Gunnar Wiedenfels, Wiedenfels, Max —, Matt Turner, Comcast's Peacock, Max, Peacock, Mark Schilsky, HBO Max, we're, Bob Iger, Schilsky Organizations: Warner Bros, Discovery, Service, Bank of America Securities Media, Communications, Entertainment Conference, Netflix, Hulu, Disney, Paramount, Apple, Bernstein Research, Warner Bros Discovery, HBO, HBO Max, Wall Street Journal Locations: Wall, Silicon, Hollywood

Spectrum is the second largest U.S. cable provider, serving 14.7 million homes across large markets such as New York and Los Angeles. Shares of Disney dropped 2.65% to a three-year low while Charter lost 3.4%. Warner Brothers Discovery Inc (WBD.O) fell 10%, Fox Corp (FOXA.O) shed 6%, Paramount Global (PARA.O) dropped 8%, while Comcast Corp (CMCSA.O), the largest U.S. cable provider, was down nearly 3%. Charter said Disney rejected its proposal for a new distribution deal that takes into account the rise of competing low-cost streaming services, which has fueled cord-cutting among its customers. The cable provider said it pays Disney $2.2 billion in annual programming costs, excluding advertising.

Persons: Brendan McDermid, Hogan, Disney, Dennis Dick, Chibuike Oguh, Amruta Khandeka, Khushi Singh, Michelle Price, Richard Chang Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Fox Corp, Warner Brothers Discovery Inc, Disney, Charter Communications, ESPN, ABC, Hollywood, Charter, Paramount Global, Comcast Corp, U.S, Riley, Triple D, Thomson Locations: New York, U.S, Los Angeles, Hollywood, Bengaluru

Aug 3 (Reuters) - Warner Bros Discovery (WBD.O) warned Thursday that uncertainty over the dual strikes by Hollywood writers and actors could impact the timing of its film slate and its ability to produce and deliver content. The Alliance of Motion Picture and Television Producers, which represents Warner Bros Discovery and the other major studios in negotiations, asked to meet on Friday with the writers' guild to discuss the possibility of resuming talks. Warner Bros Discovery's revenue took a hit in the second quarter due to soft box office results, including the underperformance of the DC Comics-inspired film, "The Flash." The exterior of the Warner Bros. Under Zaslav, Warner Bros Discovery has been seeking to run its direct-to-consumer business more efficiently.

Persons: David Zaslav, Fran Drescher, Alyssa Pointer, Jamie Lumley, Samrhitha, Helen Coster, Mark Porter, Jonathan Oatis, Shounak Dasgupta, Marguerita Choy Organizations: Warner Bros Discovery, Hollywood, Writers Guild of America, Screen, SAG, Hasbro, Alliance, Television Producers, Paramount, Times, Variety, Warner Bros, DC Comics, Warner Bros . Discovery, Alliance of Motion Pictures, REUTERS, Discovery Inc, Total, HBO, Max, Thomson Locations: New York, Warner Bros . Discovery Atlanta, Atlanta , Georgia, U.S, Bengaluru

The exterior of the Warner Bros. REUTERS/Alyssa Pointer/File photoAug 3 (Reuters) - Warner Bros Discovery (WBD.O) warned Thursday that the dual Hollywood strikes by writers and actors could hit its flagging studio business already bruised by high-profile box office flops including "The Flash." The shutdowns "may have implications for the timing and performance of the remainder of the film slate as well as our ability to produce and deliver content," Warner Bros Discovery CFO Gunnar Wiedenfels said. Total global subscribers for its HBO, Max and Discovery+ services stood at 95.8 million at the end of the quarter. Under CEO David Zaslav, Warner Bros Discovery has been seeking to run its direct-to-consumer business more efficiently.

Persons: Alyssa Pointer, Gunnar Wiedenfels, Jamie Lumley, David Zaslav, Zaslav, Samrhitha, Helen Coster, Mark Porter, Jonathan Oatis, Shounak Organizations: Warner Bros . Discovery, Writers Guild of America, Alliance of Motion Pictures, Television Producers, REUTERS, Warner Bros Discovery, Hasbro, Warner Bros, Discovery Inc, Total, HBO, Max, Thomson Locations: Warner Bros . Discovery Atlanta, Atlanta , Georgia, U.S, Bengaluru, New York

The exterior of the Warner Bros. REUTERS/Alyssa Pointer/File photoAug 3 (Reuters) - Warner Bros Discovery (WBD.O) posted a smaller loss for the second quarter on Thursday as the media conglomerate benefited from cost cuts, sending its shares up nearly 4% in premarket trading. Under Chief Executive Officer David Zaslav, Warner Bros Discovery has been seeking to run its direct-to-consumer business, which includes the Max streaming service, more efficiently. Net loss for the quarter came in at $1.24 billion, compared with a loss of $3.42 billion a year earlier. It lost 1.8 million subscribers, more than analysts' estimates of 1.1 million, reporting 95.8 million total global subscribers for its HBO, Max and Discovery+ services.

Persons: Alyssa Pointer, David Zaslav, Max, Zaslav, Samrhitha, Helen Coster, Shounak Dasgupta, Mark Porter Organizations: Warner Bros . Discovery, Writers Guild of America, Alliance of Motion Pictures, Television Producers, REUTERS, Warner Bros Discovery, Media, Warner Bros, Consumer, HBO, Discovery Inc, Max, HBO Max, Thomson Locations: Warner Bros . Discovery Atlanta, Atlanta , Georgia, U.S, United States, Bengaluru, New York

☆ Hearing on handling classified materials in Jack Smith’s Trump case could set up clash over delay
▼ + stars: | 2023-07-18 | by ( Tierney Sneed | ) edition.cnn.com time to read: +9 min

Trump himself is not expected to attend to the hearing, but Nauta – who is a bodyman to the former president – may attend, sources told CNN. In addition to the trial date, Trump and Nauta’s defense attorneys have already clashed with the Justice Department on timing of even initial procedural steps in the case. Tuesday’s hearing is aimed at discussing the schedule for those issues to be briefed and are usually “uneventful” affairs, Gonzalez said. “In sum, neither the amount of classified discovery in this case nor the timetable for its production is a reason for an indefinite continuance of the trial date,” the prosecutors said. In the case, Trump is facing several counts of willful retention of national defense information.

Persons: Jack Smith’s, Donald Trump, Smith, Aileen Cannon, Trump, CIPA, Walt Nauta, Nauta, –, Cannon, “, haven’t, ”, Brandon Van Grack, Robert Mueller’s, Van Grack, Brian Greer, Gregory Gonzalez, Gonzalez, ” Gonzalez, that’s, ” Greer Organizations: CNN, Trump, Justice Department, CIA, Congress, Justice Department’s National Security Division, Prosecutors, DOJ, Government Locations: Russian, Florida

☆ Warner Bros Discovery to add CNN on streaming service - Bloomberg
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: 1 min

June 28 (Reuters) - Warner Bros Discovery Inc (WBD.O) is planning to add live programming from CNN to the Max streaming service later this year, Bloomberg News reported on Wednesday, citing people familiar with the matter. The company did not immediately respond to Reuters request for comments. Reporting by Tiyashi Datta in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: Tiyashi Datta, Maju Samuel Organizations: Warner Bros Discovery Inc, CNN, Max, Bloomberg, Thomson Locations: Bengaluru

☆ Warner Bros, NetEase launch 'Harry Potter: Magic Awakened' video game
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: 1 min

June 27 (Reuters) - A Warner Bros Discovery Inc (WBD.O) unit and China's NetEase Inc on Tuesday announced the worldwide launch of role-playing video game "Harry Potter: Magic Awakened". The free-to-play title will let players experience life as a student at Hogwarts, the fictional school of wizardry in the popular "Harry Potter" series of books by J.K.Rowling. Players can learn magic spells and summon "Harry Potter" characters such as Hermione Granger and Rubeus Hagrid as allies to aid in their battles. The game can be downloaded for free on iOS and Android platforms from Tuesday, the companies said. Reporting by Tiyashi Datta in Bengaluru; Editing by Saumyadeb ChakrabartyOur Standards: The Thomson Reuters Trust Principles.

Persons: Harry Potter, J.K.Rowling, Hermione Granger, Rubeus Hagrid, Tiyashi Datta, Saumyadeb Organizations: Warner Bros Discovery Inc, Inc, Tuesday, Thomson Locations: Hogwarts, Bengaluru

☆ Obesity drug Wegovy's popularity has US employers rethinking insurance coverage
▼ + stars: | 2023-06-27 | by ( Patrick Wingrove | ) www.reuters.com time to read: +6 min

[1/2] A selection of injector pens for the Saxenda weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. A new and more expensive version of the drug specifically for weight loss, called Wegovy, had been approved in 2021 by U.S. health regulators. Employers that cover weight-loss drugs have required medical practices to document patients’ need for Wegovy since it was approved. The federal Medicare healthcare program for Americans aged 65 and older cannot cover weight loss treatments by law. Only 16 states – the most populous being California, Pennsylvania and Michigan – cover Wegovy and other obesity drugs under their Medicaid plans for low-income patients.

Persons: Jim Vondruska, Shawnte, Aon, Mercer, Willis Towers Watson, Eli Lilly, Jeff Levin, Levin, Scherz, Michael Manolakis, William Yancy, Manolakis, Patrick Wingrove, Michele Gershberg, Suzanne Goldenberg Organizations: REUTERS, New, Warner Bros, Warner Bros Discovery Inc, Reuters, Marsh & McLennan, Employers, Barclays Research, Novo Nordisk, Duke University, Thomson Locations: Chicago , Illinois, U.S, New York, Marsh, Wegovy, California, Pennsylvania, Michigan

Liberty Global could retain a stake in the merged entity, which would comprise ITV Studios and All3Media, the person said. Spokespeople for ITV, All3Media, Warner Bros. and Liberty Global declined to comment. Discovery and Liberty Global bought All3Media in 2014 for an enterprise value of about 550 million pounds. In a potential deal, ITV would combine All3Media with the Studios business it has built to offset more volatile revenue from its advertising-dependent TV channels and new ITVX streaming service. ITV Studios, which makes reality show "Love Island", grew revenue by 19% to 2.1 billion pounds and adjusted earnings by 22% to 259 million pounds in 2022.

Persons: Spokespeople, Amy, Jo Crowley, Paul Sandle, Elisa Martinuzzi, Hugh Lawson Organizations: ITV, Warner Bros Discovery Inc, Liberty Global, Warner Brothers, . Liberty Global, ITV Studios, All3Media, Reuters, Liberty, Warner Bros, JPMorgan, Discovery, Thomson

☆ The top Hollywood exec made $498 million in the last 5 years—384 times as much as the average writer
▼ + stars: | 2023-06-01 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +4 min

That's a staggering 384 times the average pay of a Hollywood writer. Overall, average pay for Hollywood's top execs climbed to $28 million in 2021, up 53% from 2018 (and roughly 108 times the average writer's pay) according to the analysis, which uses compensation data from the research firm Equilar and includes stock options, base salaries, bonuses and other perks. Meanwhile, average pay for Hollywood writers has remained virtually flat at about $260,000 as 2021, the Times reports. Hollywood executive pay dropped in 2022 due to stock market volatility and investor pressure to make streaming profitable. From 1978 to 2021, CEO pay grew by 1,460%, adjusted for inflation, versus just 18.1% for the typical worker.

Persons: David Zaslav, That's, Ari Emanuel, Reed Hastings, Bob Iger, Walt, Ted Sarandos, Rupert Murdoch, Lachlan Murdoch, Brian Roberts, Joseph Ianniello, Patrick Whitesell, Kaitlin Fontana, Kelly Evans Organizations: Hollywood, Los Angeles Times, Warner Bros, Discovery Inc, Times, Writers Guild of America, Endeavor Group Holdings Inc, Netflix, Walt Disney Co, Fox Corp, Comcast Corp, Paramount Global, Endeavor, Paramount, Disney, Company, WGA, Alliance, Television Producers, LA Times, Economic, Comcast, CNBC Locations: U.S, California

☆ Reliance's JioCinema signs content streaming deal with NBC Universal
▼ + stars: | 2023-05-29 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, May 29 (Reuters) - JioCinema, the streaming platform run by India's Reliance Industries Ltd (RELI.NS), has signed a partnership with NBC Universal Media in a push to increase Hollywood content on the platform for Indian viewers, the companies said on Monday. The multi-year deal will give JioCinema's premium subscribers access to popular shows such as "Downton Abbey", "Suits" and "The Office," the companies said in a joint statement. This comes after JioCinema signed a content streaming deal with Warner Bros Discovery Inc (WBD.O) in April for shows such as "Succession" and "Game of Thrones". JioCinema announced its premium pricing earlier this month, moving away from free content model to fight rivals like Netflix (NFLX.O) and Disney (DIS.N) in the content streaming space. Reporting by Shilpa Jamkhandikar and Hritam Mukherjee; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

☆ 'Hot labor summer': Los Angeles unions back Hollywood writers
▼ + stars: | 2023-05-27 | by ( Jorge Garcia | ) www.reuters.com time to read: +2 min

LOS ANGELES, May 26 (Reuters) - Unions representing teachers, truck drivers and other workers who will be headed soon to the bargaining table turned out in downtown Los Angeles on Friday to support Hollywood's striking film and television writers. On Friday, a few hundred members of unions in the tourism and hospitality industries, teachers, logistics workers and public employees rallied in downtown Los Angeles in a show of unity. The participating unions represented more than 200,000 workers with collective bargaining agreements also due to expire in 2023, organizers said. "It's going to be a hot labor summer," Lorena Gonzalez, executive secretary of the California Labor Federation, told the crowd. [1/6] Union workers rally to fight alongside Writers Guild of America for liveable wages and future contracts in Downtown Los Angeles, California, U.S., May 26, 2023.

☆ Warner Bros Discovery's surprise loss clouds strong streaming unit show
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +3 min

[1/2] The exterior of the Warner Bros. Warner Bros Discovery reported a per-share loss of 44 cents, while analysts had expected a profit of 1 cent, according to Refinitiv data. Warner Bros Discovery's new streaming service, christened "Max," is set to launch on May 23, combining HBO Max's scripted entertainment with Discovery's reality shows. Warner Bros Discovery reported revenue of $10.70 billion for the first three months of 2023, compared with analysts' estimates of $10.78 billion, according to Refinitiv data. The Warner Bros studio segment missed on its revenue forecasts, as its big March release "Shazam!

☆ Exclusive: Reliance JV Viacom18 strikes deal with Warner for streaming content-sources
▼ + stars: | 2023-04-27 | by ( Aditya Kalra | ) www.reuters.com time to read: +1 min

NEW DELHI, April 27 (Reuters) - The broadcast venture of India's Reliance (RELI.NS) has struck a deal with Warner Bros Discovery Inc. (WBD.O) for its streaming platform JioCinema, a big push into bringing popular Hollywood content on the platform, two sources with direct knowledge said. The first source said the partnership will be exclusive and see most of Warner's marquee content on the JioCinema platform. "It's a deep exclusive arrangement which will make JioCinema the house of Warner, HBO in India," said the person. The content deal could bring in thousands of hours of streaming content onto JioCinema, which has become popular for streaming the IPL cricket tournament on the platform for free in the ongoing season. Viacom18 won the IPL digital streaming rights from 2023 to 2027 for around $2.9 billion, rights which Disney previously held.

☆ Warner Bros Discovery unveils its revamped 'Max' streaming service
▼ + stars: | 2023-04-12 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +1 min

April 12 - Warner Bros Discovery Inc(WBD.O) said on Wednesday it will launch on May 23 its long-awaited new streaming service, christened "Max", which combines HBO Max's scripted entertainment with Discovery's reality shows. The opportunity to better capitalize on the streaming video revolution was one of the justifications for the merger of Discovery and WarnerMedia in 2022. "We are not trying to win the direct-to-consumer spending war," Zaslav assured investors, shortly after the merger was finalized. Zaslav repudiated his predecessor's COVID-19 era strategy of releasing new movies simultaneously in theaters and in the home, via HBO Max. Instead, Warner Bros films would enjoy a traditional theatrical release, and reap box office proceeds, before becoming available on the streaming service.

☆ Warner Bros Discovery unveils revamped 'Max' in push for streaming growth
▼ + stars: | 2023-04-12 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +4 min

Warner Bros Discovery eliminated "HBO" from the name of the streaming service, which for some viewers connotes bespoke series but repels others. He repudiated his predecessor's COVID-19 era strategy of releasing new movies simultaneously in theaters and in the home, via HBO Max. Instead, Warner Bros films would enjoy a traditional theatrical release and reap box office proceeds before becoming available on the streaming service. It licensed some of these shows to other streaming services, as Warner Bros Discovery looked for new ways to monetize its film and television libraries. Like other media companies, Warner Bros Discovery has yet to turn a profit on its HBO Max and Discovery+ streaming services, though the company has reduced losses from them.

☆ How women are re-defining ambition to build happier, more successful careers: It isn’t ‘worth sacrificing my mental health for’
▼ + stars: | 2023-03-31 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

Women continue to face alarmingly high levels of burnout — the extreme circumstances of working and surviving during a pandemic, some workplace experts warn, has cost women their ambition. Overall, nearly half (48%) of women describe themselves as "very ambitious" when it comes to their career, and ambition among women of color is even higher, according to a Momentive/CNBC poll of over 5,000 women conducted last month. Women aren't losing their ambition — they're rejecting a narrow definition of ambition as the pursuit of money and power and writing a new one. But after spending the first 10 months of the pandemic working 85-hour weeks at a pharmacy in Los Angeles, Ismail realized her dream career wasn't sustainable. "I realized the career markers I used to strive so hard to achieve aren't worth sacrificing my mental health for."

☆ New ‘Lord of the Rings’ Movies Are in the Works, Warner Bros. Says
▼ + stars: | 2023-02-24 | by ( Gareth Vipers | ) www.wsj.com time to read: 1 min

Ian McKellen, left, as Gandalf and Elijah Wood as Frodo in the Peter Jackson directed “The Lord of the Rings: The Fellowship of the Ring.”Warner Bros. Discovery Inc. is doubling down on Middle-Earth, announcing that a new raft of “Lord of the Rings” movies are in the works. The company has brokered a deal to make “multiple” films based on J.R.R. Tolkien’s “Lord of the Rings” and “The Hobbit” books, chief executive David Zaslav said in an earnings call Thursday.

☆ Warner Bros. Discovery Looks to Get Out of Regional Sports TV Business
▼ + stars: | 2023-02-24 | by ( Joe Flint | ) www.wsj.com time to read: 1 min

Pittsburgh Pirates’ Miguel Andujar beats a throw to third for a triple against the St. Louis Cardinals last season. Warner Bros. The three regional sports networks were inherited by Warner Bros. Discovery Inc. when it acquired control of the WarnerMedia assets from AT&T Inc. The channels—which are still branded as AT&T SportsNet—serve teams in Pittsburgh, Houston, Colorado and Utah—and carry baseball, basketball and hockey.

☆ ‘South Park’ on Paramount+ Prompts Warner Bros. Discovery Lawsuit
▼ + stars: | 2023-02-24 | by ( Joseph Pisani | ) www.wsj.com time to read: 1 min

Warner Bros. Discovery said it paid more than $500 million to exclusively stream ‘South Park’ episodes on its HBO Max platform until 2025. Warner Bros. In the lawsuit, filed Friday in New York State Supreme Court, Warner Bros. Discovery said it paid more than $500 million in 2019 to exclusively stream new and existing “South Park” episodes on its HBO Max platform until 2025.

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