Paramount and Warner Bros. Could Be a TV Studio Colossus
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The most immediate question for consumers is what becomes of the companies’ streaming platforms. Paramount+ is still not profitable on its own, while Warner Bros. Discovery’s streaming segment — anchored largely by HBO Max — has only recently moved toward consistent earnings.
By Dawn Chmielewski Feb 26 (Reuters) - Warner Bros Discovery heaped an additional burden on Netflix's $82.7 billion bid for the movie studio and HBO. The entertainment company behind the buzzy series "Heated Rivalry" and the film "Wuthering Heights" reported fourth-quarter earnings Thursday that showed profit at its cable channels is deteriorating at a fast pace.
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Curse Words Were (Allegedly) Hurled At CBS After Paramount's Warner Bros. Acquisition Got Confirmed
Per a new report, some employees at CBS News had some choice words to share after its parent company, Paramount Skydance, revealed its Warner Bros. merger.
David Zaslav talked up the future of Warner Bros., HBO Max and linear channels in an earnings call that avoided any questions about the pending sale.
Warner Bros Discovery Inc (NASDAQ:WBD, XETRA:J5A) reported a 6% drop in quarterly revenue, weighed down by declines in its traditional television and film businesses, even as its HBO Max streaming service continued to gain subscribers.
EXCLUSIVE: Who Do You Think You Are? producer Wall to Wall is providing three of Warner Bros International Television Production’s debuting titles at the London TV Screenings this week. An FBoy