Warner Bros. Discovery’s (WBD) plans to split the company into two is the result of a broader “shakeout” in the entertainment ...

More pressing for investors is the need to reconcile Newsmax's lofty valuation. With a current $1.7 billion market ...

NBCUniversal and Warner Bros. Discovery are racing to offload their ailing linear TV channels. But just one of the new ...

U.S.-China trade talks resumed in London, with negotiations that could ripple through global supply chains and tech stocks. Meanwhile, back in Hollywood, Warner Bros. Discovery announced a sweeping ...

Confusion over how the media giant plans to restructure its debt following a spinoff of cable channels like CNN and TNT have ...

Four years ago, David Zaslav clinched a debt-heavy deal to merge cable mainstay Discovery Inc. — which he’d run since 2006 — ...

Credit ratings agency Fitch Ratings on Wednesday downgraded Warner Bros Discovery to junk status following the company's ...

Discovery has tapped Guy Griggs to lead ad sales for CNN. Griggs will join the company as senior vp of ad sales and client ...

Guy Griggs is jumping from one news giant to another.

In today’s Digest, we discuss media giants grappling with costs, the UK government considering social media time limits for ...

Though the new year has almost passed its first full fiscal quarter, media layoffs across the entertainment industry have ...

"A lot of what we are seeing in the marketplace now is some ‘hold and watch’ to see what happens as time passes," said Kessar ...