Today news
Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
Related News
Warner Bros Hbo Max Warner Bros

WarnerMedia-Discovery: ‘Compelling’ Global Streaming Leader or Uncertain Gamble?

Reading now: 981
variety.com

Todd Spangler NY Digital EditorIs it a pretty sure bet that the proposed WarnerMedia-Discovery combo will become a global streaming power — and successfully manage the transition from legacy media businesses?

Or is the merger a risky play by two big companies that could go south?Wall Street analysts are divided on the prospects for the deal, which is expected to close in mid-2022.

The proposed Warner Bros. Discovery merger is “the most compelling long-term opportunity across our media coverage,” RBC Capital Markets analyst Kutgun Maral.Under the blockbuster Discovery and AT&T agreement, announced last month, WarnerMedia assets including HBO Max, Turner and Warner Bros.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA