David Zaslav
Layoffs hit HBO Max as 70 employees lose their jobs
The rumored layoffs are coming true: Warner Bros. Discovery, the newly merged parent company to HBO, is cutting personnel costs. Fourteen percent of staff under HBO and HBO Max chief…
HBO, HBO Max and Discovery+ report a combined total of 92.1M subscribers, plans for major restructuring
Warner Bros. Discovery revealed its second-quarter results — its first quarterly earnings since the $43 billion merger. The total number of direct-to-consumer subscribers across HBO, HBO Max and Discovery+ was…
Warner Bros. Discovery ceases new HBO Max originals in Europe and shutters Cinemax Go
HBO Max will cease new original programming in parts of Europe and the company will also shut down Cinemax’s TV Everywhere platform, Cinemax Go, as its parent company Warner Bros.…
Eva Longoria and Chris Wallace CNN+ shows will move to HBO Max and CNN
Programming that was originally meant to live on the now-shuttered streamer CNN+ will now move over to CNN and HBO Max, Warner Bros. Discovery announced today at its first Upfront…
Warner Bros. Discovery revenue increases in Q1 2022 despite decline in linear subscribers
Today, Warner Bros. Discovery, Inc. reported financial results for the first quarter of 2022 (January 1 through March 31). The results are for Discovery, Inc. and do not include first-quarter…
CNN+ streaming service pulls a Quibi, will shut down a month after launch
Following multiple reports that the new CNN+ subscription streaming service was struggling to attract viewers, CNN and Warner Bros. Discovery today announced that CNN+ will cease operations effective April 30…
The Warner Bros.-Discovery deal has officially closed
Last Friday, Discovery, Inc. and AT&T Inc. announced that they officially closed their deal with WarnerMedia. Under terms of the agreement, AT&T received $40.4 billion in cash and WarnerMedia’s retention…
CNN+ launch may be off to a bumpy start, numbers suggest
CNN+ launched on Tuesday, March 29 and is already showing mediocre results in terms of standalone mobile app installs. Sensor Tower released its initial figures (first reported by Insider) that…