Hollywood Inc.
The deal was struck a year early, giving Warner CEO David Zaslav a win after being bypassed by the NBA. The company’s stock jumped more than 10%.
Sept. 12, 2024
The reorganization comes after Warner Bros. Discovery took a $9-billion write-down for its basic cable channel group.
Aug. 16, 2024
California
Authorities at the Otay Mesa commercial facility in San Diego County found 1,220 packages of methamphetamine, wrapped in paper and painted green to mimic a watermelon.
Aug. 21, 2024
Digital distributor Fubo, which has cobbled together its own sports package, challenged the media companies’ partnership in court, making an argument that it would violate antitrust laws. A judge has granted a temporary injunction.
The David Zaslav-led media company posted disappointing second-quarter earnings Wednesday, sending its shares tumbling in after-hours on Wall Street.
Aug. 7, 2024
Turner Sports said it has reviewed the offers the NBA has received for its new media rights deal and is willing to match one of them.
July 22, 2024
“They can’t go on like this,” Bank of America analyst Jessica Reif Ehrlich said, referring to the lagging stock and string of missteps by Warner Bros. Discovery boss David Zaslav.
July 26, 2024
Warner Bros. Discovery’s attempt to match Amazon bid is rejected, ending TNT’s run as an NBA partner after next season.
July 25, 2024
The parent company of the TNT cable network asserts the NBA breached its current deal by allegedly refusing to honor rights to match an offer from Amazon.
A resident discovered the bone pieces while swimming. The person thought they were a human tibia, but authorities initially disagreed.
July 17, 2024