Warner Bros. Discovery has named Ryan Gould and Robert “Bobby” Voltaggio Presidents of U.S. Advertising Sales. They will jointly oversee sales efforts for networks and streaming, including sports, news, client partnerships, digital sales, research, marketing and brand solutions, commercial operations, and strategy.
Warner Bros Discovery's progress is undervalued by the market due to the complexity and patience required to improve the future prospects of the acquisiton. CEO David Zaslav highlighted significant debt reduction and balance sheet improvements. John Malone, a board member, calls the company balance sheet bullet proof while indicating considerable cash resources backing the company.
Warner Bros Discovery and Cutting Edge Group, an investor and manager of media music rights, have created a joint venture to co-own the entertainment studio's catalog of film and TV music, the companies said on Friday.
Warner Bros and Cutting Edge partnering to enhance the music library's value LOS ANGELES , Jan. 31, 2025 /PRNewswire/ -- Warner Bros. Discovery Inc. (NASDAQ: WBD) and Cutting Edge Group ("CEG"), the leading specialist investor in and manager of media music rights, have partnered to create a joint venture (the "JV") through which they will co-own WBD's vast catalog of film and TV music.
Warner Bros. Discovery's restructuring aims to optimize cash flow from linear TV to pay down debt and invest in streaming and content production. The company's rich IP portfolio, including DC, Harry Potter, and HBO series, offers significant potential for growth and value creation in streaming. Despite high debt and execution risks, Warner Bros. Discovery's streaming subscriber base and content...
Ted Lim has joined Warner Bros Motion Picture Group as Chief Business Officer, the studio announced on Tuesday. Read the memo to staff from studio chiefs Michael DeLuca & Pam Abdy below. Team Motion Picture Group- As we shared earlier this month, we remain focused on the future of the Warner Bros.
WBD has finally gotten to move on from major structural issues. The IP hoard is a treasure chest across all genres. Entry point around $10 is good value.
To survive competition in the era of streaming, Warner Bros. Discovery company is slashing CNN's television workforce even more while simultaneously investing $70 million to focus on new digital products.
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