Tag: Warner Bros.

Netflix and Warner Bros. Discovery have amended their definitive agreement for the streamer’s pending acquisition of Warner Bros. to an all-cash transaction, aiming to provide greater certainty of value and a faster path to a stockholder vote.

As Warner Bros. Discovery continues to advance the separation of Warner Bros. and Discovery Global, the board of directors has begun a review of strategic alternatives to maximize shareholder value, including a transaction for the entire company.

Total revenues at Warner Bros. Discovery in the second quarter were down 4 percent ex-FX to $10.4 billion, with the company reporting a reduction in global direct-to-consumer subs.

Sky and Warner Bros. Discovery have entered into a new multiyear agreement, securing the pay-TV provider’s platform in New Zealand as the home of HBO, Max originals, Warner Bros. and Discovery.

The Foxtel Group and Warner Bros. Discovery have entered into a new multiyear agreement, which will see the Australian platform remain the home of HBO, Max Originals, Warner Bros. and Discovery programming.

Jeff Schlesinger, the president of Warner Bros. Worldwide Television Distribution, is among the executives departing the Warner Bros. leadership team as part of the WarnerMedia realignment.

Foxtel and WarnerMedia are building on their long-standing partnership with a new multiyear agreement covering programming from Warner Bros., HBO, HBO Max and WarnerMedia networks.

Tom Ascheim, who has been serving as the president of Freeform, is joining Warner Bros. as president of global kids, young adults and classics.

Peter Roth, who has been at Warner Bros. for the past 21 years, has signed a contract extension that will make him the first-ever chairman of the Warner Bros. Television Group.

Ann Sarnoff, currently the president of BBC Studios Americas, has been appointed as the new chair and CEO of Warner Bros.