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An unclear strategy and CEO departure at CNN are renewing questions of whether the network will stay part of the Warner Bros. Discovery portfolio in the long run.
Amazon is reportedly planning an ad-supported tier for Prime Video, joining the ranks of Netflix and Disney amid a race to make streaming more profitable.
CNN chief Chris Licht will leave his role following a turbulent tenure at the news network.
The Directors Guild of America reached a tentative agreement with the Alliance of Motion Picture and Television Producers as the writers' strike enters its sixth week.
Netflix has proven to be a recent outperformer in the media sector as Paramount, Disney, and Warner Bros. Discovery stocks have seen large declines in the last month.
One investment bank sees some big box office sales numbers for the upcoming Barbie movie.
The streaming wars are evolving. Here's what that could mean when it comes to the next big growth driver in the competitive space.
Warner Bros. Discovery officially debuted its "Max" streaming platform. The question is whether it can stand out in a crowded field.
Warner Bros. Discovery CEO David Zaslav said the company is well-positioned in the streaming market. The company's Max service is expected to be profitable this year.
The Hollywood writers' strike comes with inherent risks but also some upside as media giants look to rein in content spending.
WSJ sat down for exclusive interviews with the showrunners of “Abbott Elementary” and “The Handmaid’s Tale” to understand the key sticking points that led to the writers’ strike and what’s next for the industry. Photo Illustration: Amber Bragdon/Getty Images
Advertising has been a notable pain point for legacy media companies this earnings season. The Hollywood writers' strike could become another one.
Warner Bros. Discovery reported quarterly earnings before the bell on Friday. Here's what to know.
Vice, the media company once valued at $5.7 billion dollars, might be headed for bankruptcy, according to multiple reports. The company once vowed to be a disruptor to the media industry, but could not figure out a way to turn a profit. Washington Post media reporter Elahe Izadi says digital media organizations made the following claims early on, "We are the future of media. We can attract millennials, younger audiences, newspapers are dying, print is dying, and this is really the future and they sold this promise, and as we can see, they couldn't grow fast enough to make up for those promises, especially when we're now in an economic environment where the advertising industry and the and the advertising revenue has dropped off." Its potential downfall underscores the tough environment facing digital media companies as they struggle to cut spending during economic uncertainty. "When we're talking digital media... during the pandemic and especially at the start, we actually saw audience spike, there was a lot of online interest, reader interest saw a lot of that happening, but that didn't necessarily mean an increase in revenues," Elahe Izadi said. In an interview with Yahoo Finance's Rachelle Akuffo, Izadi also says that in the case of companies relying on other companies like those who rely on Google (GOOGL) and Meta Platforms (META), their businesses can also be susceptible to disruptions from something like a changed algorithm. Video highlights Vice's origins 00:00:14 Digital media's early promises 00:00:45 Digital media outlook 00:01:53
Mattel CEO Ynon Kreiz says his toy company is ready to roll for the new "Barbie" movie this summer.
Hollywood writers are striking for the first time since 2008 as the changes brought on by the streaming boom continue to rock the entertainment business.
What's different today versus prior years is just how much the streaming boom has changed the industry.
Hollywood is facing its first potential writers' strike in 15 years.
Warner Bros. Discovery unveiled key details about its upcoming streaming launch, which will include content from both HBO Max and Discovery+.
The stock market wiped a whopping $500 billion-plus in market capitalization from the world's biggest media, cable, and entertainment giants in 2022.
Lionsgate's "John Wick: Chapter 4" delivered a strong opening at the box office this past weekend, but industry watchers still don't expect ticket sales to bounce back to pre-pandemic levels.
Warner Bros. Discovery is so bad it's good — at least that's the word on Wall Street.
Here's what media executives had to say about the current state of advertising.