Warner Bros. Discovery Stock News

SEATTLE--(BUSINESS WIRE)--Warner Bros. Pictures Animation and Amazon Ads have teamed up to launch “Open to Fun” - an immersive, multi-channel campaign to celebrate the theatrical release of the new full-length animated feature, The Cat in the Hat, arriving in theaters November 6. Developed by Brand Innovation Lab, the creative team within Amazon Ads, the activation brings Dr. Seuss's iconic cha...

The billionaire put up shares in Tesla, SpaceX and Paramount Skydance this year to borrow more from banks.

Amidst shaky stock performance and big debts, Paramount & Warner Bros Discovery parent company Skydance now faces a new court challenge to their authority over their streaming assets and corporate strategy.

Earlier this year, the streaming and entertainment industry witnessed one of its most high-stakes megadeals ever, stunning industry observers. Not only is it historic in its size, but it is also predicted to disrupt Hollywood and the media business as we know it.

Shares of Skydance Corporation fell 8% Wednesday, extending their decline into a second day after the completion of the company's $111 billion acquisition of Warner Bros. Discovery.

Skydance's mega-merger is complete, giving David Ellison control of HBO and the Warner Bros. studio. The combined company also includes Paramount Pictures, Paramount+, Pluto TV, and CBS News.

Skydance CEO David Ellison addressed combining HBO Max and Paramount+ into a single streaming service – sparking questions around how much the mega-streamer could cost fans.

David Ellison's megadeal combining Paramount and Warner Bros. closed Tuesday, ushering in a new era for Hollywood.