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- Shares of media conglomerate Discovery surged 17% on Friday, gaining momentum as investors eagerly anticipate a massive $43 billion merger with AT&T’s WarnerMedia, which cleared several regulatory hurdles and is expected to close in the next few months.
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Sep 12, 2024 · Shares of global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) jumped 10.1% in the morning session after the company announced a new carriage agreement with Charter...
- Radek Strnad
AT&T (T) and Discovery (DISCA) have closed the $43 billion transaction that merges their media operations Time for Warner Bros. Discovery (WBD) to take the spotlight.
- Jason Aycock
Apr 8, 2024 · Warner Bros. Discovery was officially created when Discovery and AT&T’s WarnerMedia closed their megamerger on April 8, 2022. Two years later, the entertainment giant, led by CEO David...
- What Happened
- So What
- Now What
It was another good day forWarner Bros. Discovery (WBD-2.34%) as the stock was up 4.1% on Tuesday at 3:08 p.m. ET. It had been up as high as 6.8% midday. It is the second day in a rowthat the entertainment company was a market mover, as it was up more than 3% Monday. What drove its stock higher on a day when the Dow Jones Industrial Average and the...
For starters, Warner Bros. Discovery has gotten a jolt from the success of its film DC League of Super-Pets, which finished first at the box office in its opening weekend, raking in $23 million last weekend. It is roughly in line with the amount of money Universal's animated film The Bad Guys made on its opening weekend in April, and that went on t...
Obviously, the Aug. 4 earnings release is on the immediate horizon for Warner Bros. Discovery. There have been rumors of layoffs swirling, but there is also much anticipation for not only earnings but plans moving forward in the newly merged entity. For instance, the Warner Bros. Discovery property HBO will release its much-anticipated House of the...
7 hours ago · Ben Miller. Warner Bros. Discovery Inc. and its top executives prevailed again on appeal in a securities lawsuit, after a panel of Second Circuit judges ruled Friday that investors couldn’t show the entertainment giant misled them in disclosures before its merger took place. The offering documents for the tie-up between Warner Bros. and ...
Jul 19, 2024 · Warner Bros. Discovery (WBD) stock rose Friday, lifted by a a Financial Times report saying the company might separate its movie studio and Max streaming service from its legacy TV networks.
Apr 8, 2022 · Warner Bros. Discovery to Begin Trading on the Nasdaq as “WBD” on Monday, April 11. (New York, NY) — April 8, 2022 — Today Discovery, Inc. and AT&T Inc. * (NYSE:T) announced that they have closed their transaction to combine the WarnerMedia business with Discovery.