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Warner Bros Discovery explores sale of music library - FT
  + stars: | 2023-01-12 | by ( ) www.reuters.com   time to read: +1 min
Jan 12 (Reuters) - Warner Bros Discovery Inc (WBD.O) is exploring a sale of its music library that could be valued at more than $1 billion, the Financial Times reported on Thursday, citing people familiar with the matter. The company is looking for buyers for the music copyrights that it owns, according to the report, which added that the process was in its early stages. Warner Bros Discovery, which was formed last year by the merger of AT&T Inc's (T.N) WarnerMedia unit and Discovery Inc, did not immediately respond to a Reuters request for comment. Warner Bros Discovery's reported plan would be the latest under top boss David Zaslav, who recently shut down the CNN+ streaming service and canceled the movie "Batgirl". Reporting by Yuvraj Malik in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
HBO Max streaming service returns to Amazon Prime Video
  + stars: | 2022-12-06 | by ( ) www.reuters.com   time to read: +1 min
Dec 6 (Reuters) - The HBO Max video streaming service is once again available on Amazon's Prime Video Channels in the United States, ending a more than year-long hiatus. Warner Bros Discovery (WBD.O) and Amazon Inc (AMZN.O) announced Tuesday that Prime customers can sign up for HBO Max, effective immediately. AT&T canceled subscriptions purchased through Amazon's Prime Video in September 2021 and refunded money, as it sought to establish direct relationships with customers. Amazon and Warner Bros Discovery said HBO Max will be available for $14.99 a month. Researcher Parks Associates this month ranked Prime Video as the top streaming service in the United States.
Oct 25 (Reuters) - James Gunn and Peter Safran will be co-heads of Warner Bros Discovery's (WBD.O) DC studios, home to superheroes such as Wonder Woman and Superman, the company said on Tuesday. Both Gunn and Safran have experience with the superhero genre and have brought heroes from the Marvel Cinematic Universe and DC Universe to hit films and series, including "Guardians of the Galaxy", "Aquaman" and "The Suicide Squad", the company said. Reporting by Eva Mathews in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
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