Investors slam Warner Bros. Discovery with lawsuit over loss of NBA deal
A lawsuit filed this week in New York federal court alleges that shareholders suffered “significant losses and damages” over the company’s inability to hold onto its NBA contract, which prompted Warner Bros. Discovery to take a $9-billion write-down in the value of its basic cable networks, including TNT, which had carried NBA games since 1989.
Based on the Warner Bros. studio lot in Burbank, Water Tower Color will off services including color grading, dailies and ...
On Wednesday, Warner Bros Discovery Inc (WBD) stock saw a modest uptick, ending the day at $10.38 which represents a slight increase of $0.27 or 2.67% from the prior close of $10.11. The stock opened ...
Knightfall animated trilogy is in the works at Warner Bros., but could this be a scrapped Tomorrowverse project? You can find ...
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Former MultiChoice and Viacom exec Allan Sperling has been named Group Vice President, Programming, Networks and Streaming ...
Warner Bros. Discovery has appointed Allan Sperling as new GVP of programming, networks and streaming in the Nordics.
BofA analyst Jessica Reif Ehrlich raised the firm’s price target on Warner Bros. Discovery (WBD) to $14 from $12 and keeps a Buy rating on the ...
A new rumor suggests that Warner Bros. is ending their future 'Mortal Kombat 1' DLC plans due to the poor sales of the 'Khaos Reigns' pack.
Warner Bros. Discovery (WBD) reported earnings last week with largely positive news for its direct-to-consumer (DTC) ...
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