Jump to content

Warner Bros. Discovery

From Wikipedia, the free encyclopedia
(Redirected from Discovery Ultra)

Warner Bros. Discovery, Inc.
Company typePublic
ISINUS9344231041
Industry
Predecessors
FoundedApril 8, 2022; 2 years ago (2022-04-08)
Headquarters230 Park Avenue South,
New York City, New York
,
U.S.
Area served
Worldwide
Key people
RevenueIncrease US$41.32 billion (2023)
Negative increase US$−1.55 billion (2023)
Negative increase US$−3.13 billion (2023)
Total assets Decrease US$122.8 billion (2023)
Total equityDecrease US$45.23 billion (2023)
OwnerAdvance Publications (8%)[2]
AT&T (9.9%)
Number of employees
34,300 (2024)[3]
Divisions
Subsidiaries
Websitewbd.com
Footnotes / references
[3]

Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was formed from WarnerMedia's spin-off by AT&T and merger with Discovery, Inc. on April 8, 2022.

The company's properties are divided into nine business units, consisting of the flagship Warner Bros. film and television studios, comic book publisher DC Comics, Home Box Office, Inc. (including HBO, Cinemax and Magnolia Network), U.S. Networks Group (including the majority of the advertisement-supported cable channels of its predecessors, namely Discovery, Scripps Networks, Turner Broadcasting, and Warner), CNN Worldwide (which includes CNN and CNN International), TNT Sports (including Motor Trend Group, TNT Sports UK, and Eurosport), Global Streaming & Interactive Entertainment (which includes the Discovery+ and Max streaming services, as well as the video game publisher Warner Bros. Games), and International Networks. It also holds a one-eighth stake in The CW (with Paramount Global also owning a one-eighth stake), and a majority stake in Television Food Network, G.P. (comprising Food Network and Cooking Channel), which are co-owned by Nexstar Media Group.

Background

[edit]

1923–1979

[edit]
2019–2022 WarnerMedia logo

Warner Bros., Turner Broadcasting System, Scripps Networks Interactive and Discovery, Inc. have conjoined histories. Warner Bros. was founded on April 4, 1923, by four brothers, Harry, Albert, Sam, and Jack Warner. The company established itself as a leader in the American film industry[4] before diversifying into animation, television, and video games and is one of the "Big Five" American film studios, as well as a member of the Motion Picture Association (MPA). In 1965, Turner Broadcasting System was founded by Ted Turner and based in Atlanta, Georgia. A year later, Kinney National Company came into existence and its media division became Warner Communications before merging with Time Inc. in 1990 to become Time Warner. During its time as Warner Communications, the company made a number of further acquisitions.[5][6]

1979–1994

[edit]
2018–2022 Discovery, Inc. logo

In 1979, Warner Communications formed a joint venture with credit card company American Express called Warner-Amex Satellite Entertainment. American Express acquired a 50% stake in Warner Communications' cable television holdings for $175 million.[7][8] This company owned such cable channels as MTV, Nickelodeon, The Movie Channel, and VH1 (which was launched in 1985 on the channel space left by Turner's Cable Music Channel). Warner Communications bought out American Express's half in 1984 and sold the venture a year later to the original iteration of Viacom, which renamed it MTV Networks (now known as Paramount Media Networks).[9] In 1982, Warner Communications purchased Popular Library from CBS Publications. Meanwhile in the same year, Cable Education Network was founded, launching The Discovery Channel three years later and was renamed to Discovery Communications in 1994. Scripps Networks Interactive was founded in 2008 spun off from E. W. Scripps Company's cable division.[10]

1996–2019

[edit]

In 1996, Time Warner Entertainment acquired the Turner Broadcasting System; but the company later merged with America Online (AOL) to form AOL Time Warner in 2001 and reverted to the Time Warner name in 2003.[11]

Time Warner spun off its cable division (later known as Spectrum owned by Charter Communications) and AOL (now owned by Yahoo! Inc.) in 2009 and Time Inc. was spun out in 2013, which was later acquired by Meredith Corporation and is now known as Dotdash Meredith.[12][13]

In 2018, Discovery Communications and AT&T acquired Scripps Networks Interactive and Time Warner, and were renamed to Discovery, Inc. and WarnerMedia respectively. In 2019, AT&T dissolved the Turner Broadcasting System as part of its reorganization of its media assets.[14]

History

[edit]

Formation and beginning of operations (2021–2022)

[edit]
The company's initial wordmark logo

On May 16, 2021, Bloomberg News reported that AT&T was considering an offer to divest equity interest in their media subsidiary WarnerMedia (the former Time Warner, which AT&T acquired in 2018 for just over $85 billion in an attempt to become a vertically integrated media conglomerate), and have it merge with Discovery, Inc. to form a new publicly traded company.[15][16] AT&T and Discovery officially confirmed the agreement the next day; the merger would be structured as a Reverse Morris Trust, with AT&T shareholders holding a 71% interest in the new company's stock and appointing seven board members, and Discovery shareholders holding a 29% interest and appointing six board members. AT&T would receive US$43 billion in cash and debt from the divestment. The merger was expected to be completed in mid-2022.[17][18][19]

The new company would be led by Discovery's current CEO, David Zaslav; WarnerMedia's CEO Jason Kilar's position in the new company was uncertain.[17] Zaslav stated that the two companies would spend a combined US$20 billion annually on content (outpacing even Netflix). The company will aim to expand their streaming services, which includes WarnerMedia's Max, to reach 400 million global subscribers.[18] It was stated that the company would aim to achieve $3 billion in cost savings via synergies within two years.[20]

On June 1, 2021, it was announced that the merged company would be known as Warner Bros. Discovery, and an interim wordmark was unveiled with the tagline "The stuff that dreams are made of"—a quote from the 1941 Warner Bros. film The Maltese Falcon, itself paraphrasing Shakespeare's The Tempest. Zaslav explained that the company aimed to be the "most innovative, exciting and fun place to tell stories in the world", and would combine Warner Bros.' "fabled hundred-year legacy of creative, authentic storytelling and taking bold risks to bring the most amazing stories to life" with Discovery's "integrity, innovation and inspiration."[21][22]

In an SEC Filing on November 18, 2021, Discovery revealed that talks with AT&T had fallen through, in April 2021, due to disagreements over the ownership of the new company between AT&T and Discovery shareholders, and the amount of debt transferred to Discovery when they merged with WarnerMedia, before talks resumed on May 17, 2021.[23]

In November 2021, during an earnings call, Discovery Streaming CEO JB Perrette discussed possible options for its Discovery+ streaming service post-merger, including bundling the service with HBO Max and eventually merging them under a single platform with a mixture of both companies' technologies. He also noted that WBD may prioritize launching Discovery+ and HBO Max as a unified platform in markets where Discovery+ has yet to launch, such as another parts of the Asia-Pacific.[24] On March 14, 2022, Discovery CFO Gunnar Wiedenfels—who would assume the same position post-merger—confirmed that such a transition was a long-term goal.[25]

On December 22, 2021, the transaction was approved by the European Commission.[26][27] On January 5, 2022, The Wall Street Journal reported that WarnerMedia and Paramount Global (at the time named ViacomCBS) were exploring a possible sale of either a majority stake or all of The CW, and that Nexstar Media Group was considered a leading bidder.[28] The reports also indicated that WarnerMedia and ViacomCBS could include a contractual commitment that would require any new owner to buy new programming from those companies, allowing them to reap some continual revenue through the network.[29] The CW's then-president-and-CEO Mark Pedowitz confirmed talks of a potential sale in a memo to CW staffers, but added that "It's too early to speculate what might happen."[30][31]

On January 26, 2022, AT&T CEO John Stankey stated that the merger was expected to close sometime during the second quarter of 2022.[32][33] On February 1, 2022, it was reported that AT&T had finalized the structure of the merger: WarnerMedia would be spun off pro rata to AT&T's shareholders, and then merge into Discovery Inc. to form the new company.[34][35] The transaction was approved by the Brazilian antitrust regulator Cade on February 7,[36] followed by the United States Department of Justice on February 9.[37] On March 11, 2022, the merger was approved by Discovery's shareholders. Due to the structure of the merger, it did not require separate approval from AT&T shareholders.[38][39]

Textless version of the Warner Bros. Discovery logo.[40] It is based on the 1999 variant of the 1998 Warner Bros. Pictures on-screen logo.

In an SEC filing on March 25, 2022, AT&T stated that two-way trading of WBD stock with that of AT&T would begin on April 4, 2022, and that a special dividend would be issued the next day to give AT&T shareholders a 0.24 share in WBD for each share of AT&T common stock they hold.[41][42] The merger was officially completed on April 8, 2022, with trading beginning on the Nasdaq on April 11.[43] At this time the company unveiled its final logo, designed by Chermayeff & Geismar & Haviv, which features a rendition of Warner Bros.' long-time shield logo.[44]

The combined company retained several top executives from WarnerMedia, including film and television heads Toby Emmerich and Channing Dungey, and HBO and HBO Max chief content officer (CCO) Casey Bloys. Most of the company's top executive roles are filled by their Discovery counterparts, including Gunnar Wiedenfels as Warner Bros. Discovery's chief financial officer (CFO), JB Perrette as president and CEO of global streaming and interactive, and Discovery's chief lifestyle brands officer Kathleen Finch—whose role has been expanded to cover most of the combined company's U.S. linear networks, besides CNN (which was taken over by Chris Licht, replacing the outgoing Jeff Zucker), Magnolia Network (which reports to Bloys, after having previously reported directly to Zaslav under Discovery), and the Turner Sports unit (which would be overseen by the newly-formed Warner Bros. Discovery Sports division).[45][46][47]

In an introductory town hall featuring Oprah Winfrey as host, Zaslav stated that the combined company would need to have "one culture" that "starts with people feeling safe, people feeling valued for who they are", as opposed what he described as a culture of internal competition between WarnerMedia's businesses.[48] He also expected that "investment avoidance" via the consolidation of redundant business units (such as streaming) and staff would be one of the main ways that the company would achieve its promised $3 billion in cost savings.[49] On April 21, 2022, Licht and Perrette announced the shutdown of CNN's streaming service CNN+, which had only launched two weeks prior to the completion of the merger; the new leadership considered it to be incompatible with their goal of a unified streaming service for all WBD properties.[50][51][52]

In an investors' call on April 26 (concurrent with the first quarter earnings reports for Discovery Inc., its last prior to the merger), Zaslav contrasted the company's streaming businesses with those of Netflix (whose stock saw a decline after a quarterly loss in subscribers), describing Warner Bros. Discovery as being a "far more balanced and competitive company" that would "invest at scale smartly" and not "overspend" on growth and that its streaming businesses would complement its linear television. He stated that HBO Max had "meaningful subscriber churn", and that the planned merger of it with Discovery+ would help to reduce it by offering a broader array of content.[53] It was reported that the company had also suspended scripted development at TBS and TNT, to evaluate their strategies moving forward.[54] The following day, Zaslav purchased approximately $1 million worth of WBD stock.[55]

On May 11, 2022, Warner Bros. Discovery eliminated several executive positions carried over from WarnerMedia, including Kids, Young Adults and Classics head Tom Ascheim, and general manager of TBS, TNT, and TruTV head Brett Weitz. These networks would be overseen by Finch as head of U.S. Networks, while the studios under the Kids, Young Adults and Classics division (Warner Bros. Animation, Cartoon Network Studios and Williams Street) was moved under Warner Bros. Television.[56][57][58] The same day, it announced an agreement with British telecom company BT Group for it to contribute its BT Sport channels into a 50/50 joint venture with its UK Eurosport channels, and eventually merge them.[59][60]

On June 1, 2022, Warner Bros. Pictures head Toby Emmerich announced that he would step down and establish a new studio, which will be funded by and have an exclusive, five-year distribution deal with Warner Bros. Pictures.[61] Warner Bros. Pictures was then divided into three business units with their own leadership: former MGM executives Michael De Luca and Pamela Abdy became the co-chairs of Warner Bros. Pictures and New Line Cinema, and temporarily oversaw the DC Films and Warner Animation Group units.[62][63] Eight days later, WBD named former Discovery and Univision executive Luis Silberwasser as chairman of Sports.[64][65] In July 2022, Alan Horn rejoined Warner Bros. as a consultant.[66]

WBD delivered its second-quarter earnings report on August 4, 2022. Ahead of the report, the company performed multiple cuts to HBO Max throughout July and early-August, including cutting new programming development in much of Europe,[67] live-action children's programming development,[68] and direct-to-streaming films—leading to the notable August 3 cancellations of the nearly-completed films Batgirl and Scoob! Holiday Haunt as tax write-offs, and the quiet removals of multiple HBO Max original films from the platform and its upcoming releases.[69]

In the second quarter of 2022, WBD took $9.8 billion in revenue and a net loss of $2.2 billion pro forma, primarily from integration and restructuring expenses. The company took $825 million in write-offs on "content impairments and development".[70][71] The company confirmed cuts to children's programming development,[72] and abandoned the production of direct-to-streaming films for HBO Max—with Zaslav arguing that they lacked economic value and impact in comparison to theatrical releases. WBD renewed its contracts with Bloys and other key HBO executives, with Zaslav praising his performance as chief content officer.[73] Zaslav stated that a "10-year plan" was in development for DC Films, modeled after those of Marvel Studios,[74][75] while Perrette stated that the planned merger of Discovery+ and HBO Max would occur by summer 2023 in the United States, with other markets to follow.[76]

HBO subsequently faced a reorganization on August 15 to dismantle most of HBO Max's autonomous units, with HBO Max's head of comedy Suzanna Makkos now reporting to HBO's head of comedy Amy Gravitt, and layoffs within HBO Max's non-scripted, live-action family entertainment, international originals, and casting units, as well as HBO's acquisitions unit.[77][78] HBO Max also continued to remove and cancel some of its lesser-viewed original programming, particularly family-oriented and animated series.[79][80]

On August 15, 2022, Nexstar confirmed to another report by WSJ in June that it would buy a 75% controlling interest in The CW; WBD and Paramount would each retain a 12.5% ownership interest in the network.[81][82] Nexstar stated that Mark Pedowitz would remain chairman and CEO of the network. WBD and Paramount would still produce content for The CW as the network's main content suppliers, but Nexstar stated that the arrangement would be for the 2022–23 broadcast season, and it was given "the option to extend the partnership."[82][83] As the transaction did not need any regulatory approval (unlike the "Big Four" networks, The CW does not own any of its stations), Nexstar immediately took over the network's operations.[84]

In September 2022, WBD became the subject of a proposed class-action lawsuit by one of its shareholders, alleging that WarnerMedia was overinvesting in streaming content "without sufficient concern for return on investments", and had overstated the number of HBO Max subscribers by at least 10 million by counting inactivated subscriptions bundled with AT&T services—thus misleading investors in violation of the Securities Act. It also alleged that Discovery executives failed to warn investors that WarnerMedia's prospectus contained misleading statements.[85][86]

On September 28 during a company town hall, Zaslav addressed speculation that WBD was pursuing a possible sale as early as 2024, stating that they were "absolutely not for sale", and "have everything we need to be successful."[87][88] On October 11, Warner Bros. Television Group laid off 82 employees and eliminated 43 vacant positions as part of a restructuring that primarily impacts their unscripted and animation units. The restructuring saw the consolidation of Warner Horizon and Telepictures' creative operations, and the consolidation of Cartoon Network Studios' and Warner Bros. Animation's development and production teams (with the two studios remaining separate labels with their own distinct output).[89]

On October 3, 2022, Nexstar closed its deal to acquire a controlling interest in The CW. Mark Pedowitz resigned from his position as the network's chairman and CEO, with Dennis Miller stepping in as the president of The CW.[90]

In October 2022, it was announced that filmmaker James Gunn and producer Peter Safran would serve as the co-CEO and co-chairmen of DC Films which rebranded as DC Studios moving forward. The duo has signed a four-year deal that will oversee the production of films, television, and animation under the DC label. The pair will report directly to Zaslav, while also working alongside but independently with other members of the studio. Gunn will oversee creative development on DC projects, while Safran will oversee the business aspect.[91] During an earnings report in November 2022, it was announced that the launch of WBD's streaming service had been moved up to spring 2023.[92] Max was unveiled April 12, 2023.[93] In December 2022, CNN announced cutbacks and a reorganization to prioritize its "core" operations, resulting in sister channel HLN being brought under the auspices of Investigation Discovery and abandoning its remaining original live news programming.[94][95]

Turnover and cutbacks (2023–present)

[edit]

In January 2023, WBD announced licensing agreements with the free ad-supported streaming television (FAST) services The Roku Channel and Fox Corporation's Tubi, featuring library content from Discovery, TLC, HGTV, Food Network, Warner Bros. Pictures, Warner Bros. Television, and HBO (including some of the series that were pulled from HBO Max earlier).[96][97]

On February 8, 2023, The Wall Street Journal reported that WBD had amended its plans to merge Discovery+ with HBO Max, with HBO Max's successor slated to include "most" Discovery content, and Discovery+ remaining operational to retain its subscriber base, and provide an alternative option for customers not interested in the higher-priced unified service.[98] On February 24, WBD CEO David Zaslav confirmed the change of plans during an earnings call, saying that Discovery+ has "profitable subscribers that are very happy with the product offering".[99]

In early-June 2023, Chris Licht was fired from CNN.[100][101] On June 20, 2023, WBD underwent a round of layoffs affecting around 100 employees in the U.S. Networks division, most notably including multiple Turner Classic Movies (TCM) executives such as Pola Changnon (who had been with Turner for over 25 years). WBD announced plans to place the channel under Cartoon Network head Michael Ouweleen.[102] It was also reported that WBD was preparing a deal to sell half of the published music catalog of Warner Bros. Entertainment (which consists primarily of music composed for its films and TV series, and is currently being administered by Universal Music Publishing Group) for around $500 million.[103] Amid concerns over the future of TCM, Martin Scorsese, Steven Spielberg, and Paul Thomas Anderson met with Zaslav, and on June 23 it was announced that the channel would be placed under Warner Bros. Pictures Group heads Michael De Luca and Pamela Abdy—who both affirmed the cultural significance of TCM and pledged to keep its programming "untouched and protected".[104][105][106]

In December 2023, Warner Bros. Discovery announced the purchase of Turkish streaming platform BluTV, with operations in the MENA region.[107][108] On February 16, 2024, RedBird Capital Partners (via its United Arab Emirates-backed partnership RedBird IMI) announced its intent to acquire All3Media—a WBD joint venture with Liberty Global—for £1.15 billion.[109] The acquisition was completed on May 16, 2024.[110] WBD had previously announced an intent to sell its stake in the company to British broadcaster ITV plc,[111] but the company declined.[112][113]

In April 2024, Warner Bros. Discovery New Zealand announced that it would shut down its news department Newshub (which produced bulletins for its free-to-air channel Three) in July 2024, citing declining local advertising revenue.[114][115] Newshub would be supplanted by a partnership with local media company Stuff, which launched an evening newscast under the ThreeNews banner using its resources and former Newshub staff.[116][117][118] In July 2024, CNN CEO Mark Thompson announced 100 employees would be laid off as part of a larger strategy to consolidate and integrate its television and digital operations.[119] A week later, a smaller number of WBD employees at Max and in production, business affairs, and finance were also let go.[120]

On July 18, 2024, it was reported by the Financial Times that Zaslav and WBD executives had been discussing the possibility of breaking up the company, so that WBD's unprofitable linear television networks could be separated from the more profitable Warner Bros. studio business and Max.[121][122] On July 24, 2024, the NBA officially announced new media rights agreements with Disney (ESPN and ABC), NBCUniversal (NBC and Peacock), and Amazon Prime Video beginning in the 2025–26 season, ending a nearly 36-year association between the NBA and TNT. WBD had attempted to invoke a condition in its contract allowing it to match offers made by competitors (with the company, in particular, targeting the package sold to Amazon), but the league argued that it did not sufficiently match Amazon's offer. WBD threatened to take legal action over the agreement, claiming that the NBA had "grossly misinterpreted our contractual rights".[123]

In August 2024, WBD reported that it had lost $10 billion in the second quarter of 2024, relating to continued losses from its direct-to-consumer segment and the devaluation of its linear TV assets.[124]

In November 2024, WBD agreed to a legal settlement with the NBA. The settlement included access to NBA highlights at no additional cost for Bleacher Report and House of Highlights and allowed for WBD, under its TNT Sports division, to continue operating NBA TV and NBA.com for the NBA. The agreement also included live game rights for select international territories, but none domestically. In a separate agreement with Disney, WBD agreed to sublicense its NBA studio show Inside the NBA to ESPN and ABC in exchange for ESPN sublicensing Big 12 college football and basketball games to TNT Sports.[125][126][127][128]

Assets

[edit]

Warner Bros. Discovery consists of eight primary business divisions:[47]

Leadership

[edit]

References

[edit]
  1. ^ "S&P Dow Jones Indices Announces Treatment of AT&T Transaction with Discovery" (PDF). S&P Dow Jones Indices. S&P Global. April 7, 2022. Archived (PDF) from the original on April 7, 2022. Retrieved May 24, 2022.
  2. ^ "Warner Bros. Discovery – Annual Reports & Proxies". ir.wbd.com. Archived from the original on August 17, 2022. Retrieved August 5, 2022.
  3. ^ a b "Warner Bros. Discovery Form 10-K". U.S. Securities and Exchange Commission. February 23, 2024. pp. 11, 59, 61. Retrieved February 23, 2024.
  4. ^ Yogerst, Chris (April 4, 2023). "How the Warner Brothers Got Their Film Business Started". The Hollywood Reporter. Retrieved December 15, 2023.
  5. ^ "Atari sold to Warner Communications". Atari®. Archived from the original on March 21, 2024. Retrieved March 21, 2024.
  6. ^ Reckert, Clare (September 8, 1976). "Warner Signs Pact to Purchase Atari". NY Times. Retrieved March 21, 2024.
  7. ^ Kleinfield, N. r (November 24, 1982). "WARNER AMEX HEAD TO RESIGN". The New York Times. ISSN 0362-4331. Retrieved April 5, 2024.
  8. ^ Harris, Kathryn (June 12, 1985). "American Express OKs Sale of Cable-TV Unit : Also Seeks Quick Approval From Its Partner, Warner Communications, of Sweetened Offer". Los Angeles Times. Retrieved April 5, 2024.
  9. ^ Henderson, Nell (August 10, 1985). "Warner Buys All Stock in Warner Amex". Washington Post. ISSN 0190-8286. Archived from the original on August 20, 2023. Retrieved January 16, 2024.
  10. ^ Lee, Melissa (September 4, 1994). "Discovery Communications Looks to New Lands, Interactive Media". The Washington Post. Archived from the original on March 30, 2024.
  11. ^ Grocer, Stephen (June 15, 2018). "What Happened to AOL Time Warner?". The New York Times. ISSN 0362-4331. Retrieved April 18, 2024.
  12. ^ Shepardson, David (May 18, 2016). "Charter Communications completes purchase of Time Warner Cable". Reuters. Archived from the original on March 30, 2024.
  13. ^ Tracy, Marc (October 6, 2021). "Barry Diller's Dotdash Agrees to Buy Meredith, a Magazine Giant". The New York Times. ISSN 0362-4331. Retrieved March 28, 2024.
  14. ^ Ho, Rodney; Kempner, Matt. "AT&T's WarnerMedia restructuring breaks apart Turner Broadcasting". Georgia Entertainment Scene (The Atlanta Journal-Constitution). Retrieved April 24, 2024.
  15. ^ Hammond, Ed (May 16, 2021). "AT&T Is Preparing to Merge Media Assets With Discovery". Bloomberg News. Archived from the original on May 16, 2021. Retrieved June 2, 2021.
  16. ^ Sherman, Alex (May 16, 2021). "AT&T in advanced talks to merge WarnerMedia with Discovery, deal expected as soon as Monday". CNBC. Archived from the original on May 31, 2022. Retrieved June 2, 2021.
  17. ^ a b Hammond, Ed; Turner, Nick (May 17, 2021). "AT&T's WarnerMedia, Discovery to Merge in Blockbuster Deal". Bloomberg News. Archived from the original on March 24, 2022. Retrieved June 2, 2021.
  18. ^ a b Kovach, Steve; Meredith, Sam (May 17, 2021). "AT&T announces $43 billion deal to merge WarnerMedia with Discovery". CNBC. Archived from the original on January 20, 2022. Retrieved June 2, 2021.
  19. ^ Hayes, Dade (May 17, 2021). "David Zaslav And John Stankey Outline Plans For Merging Discovery And WarnerMedia, Addressing Future Of Jason Kilar, CNN, Streaming". Deadline Hollywood. Archived from the original on June 4, 2022. Retrieved June 2, 2021.
  20. ^ Weprin, Alex (May 26, 2021). "Discovery-WarnerMedia's $3B in Cost-Savings: Where Will That Come From?". The Hollywood Reporter. Archived from the original on May 12, 2022. Retrieved May 12, 2022.
  21. ^ Palmeri, Christopher (June 1, 2021). "Warner Bros. Discovery Will Be Name of Company Shorn From AT&T". Bloomberg News. Archived from the original on March 24, 2022. Retrieved June 2, 2021.
  22. ^ Goldsmith, Jill (June 1, 2021). "Warner Bros. Discovery Set As Name Of Merged Company". Deadline Hollywood. Archived from the original on May 3, 2022. Retrieved June 2, 2021.
  23. ^ "Form S-4 Registration Statement" (PDF). U.S. Securities and Exchange Commission. November 18, 2021. Archived (PDF) from the original on November 20, 2021. Retrieved April 24, 2022.
  24. ^ Bunson, Ben (November 3, 2021). "Discovery+, HBO Max may bundle before combining after merger". FierceVideo. Archived from the original on November 11, 2021. Retrieved November 11, 2021.
  25. ^ Maas, Jennifer (March 14, 2022). "HBO Max and Discovery Plus Will Be Combined Into One Platform". Variety. Archived from the original on March 17, 2022. Retrieved March 16, 2022.
  26. ^ Vlessing, Etan (December 22, 2021). "Discovery-WarnerMedia Merger Gets European Union Approval". The Hollywood Reporter. Archived from the original on May 26, 2022. Retrieved December 22, 2021.
  27. ^ "European Commission grants approval for Discovery acquisition of WarnerMedia". Reuters. December 22, 2021. Archived from the original on May 26, 2022. Retrieved December 22, 2021.
  28. ^ Flint, Joe (January 5, 2022). "WarnerMedia and ViacomCBS Are Exploring Possible Sale of CW Network". The Wall Street Journal. Archived from the original on January 6, 2022. Retrieved January 6, 2022.
  29. ^ Farley, Ashley (January 13, 2022). "REPORT: The CW's Potential Sale May Kill Its Original Programming". Comic Book Resources. Archived from the original on January 14, 2022. Retrieved January 14, 2022.
  30. ^ Goldberg, Lesley; Weprin, Alex (January 6, 2022). "ViacomCBS and WarnerMedia Exploring Sale of The CW". The Hollywood Reporter. Archived from the original on January 6, 2022. Retrieved January 9, 2022.
  31. ^ Andreeva, Nellie (January 6, 2022). "The CW CEO Mark Pedowitz Confirms WarnerMedia & ViacomCBS Exploring "Strategic Opportunities" As Majority Stake In Network Is Shopped With Nexstar Among Suitors – Update". Deadline Hollywood. Archived from the original on January 6, 2022. Retrieved January 6, 2022.
  32. ^ Hepburn, Tmera (January 26, 2022). "WarnerMedia and Discovery Merger Now Expected to Close This Spring". Cord Cutters News. Archived from the original on January 26, 2022. Retrieved January 27, 2022.
  33. ^ Pinto, Jordan (January 27, 2022). "WarnerMedia-Discovery merger expected to close in Q2, says AT&T's Stankey". C21 Media. Archived from the original on January 27, 2022. Retrieved January 27, 2022.
  34. ^ Spangler, Todd (February 1, 2022). "AT&T Sets Plan to Spin Off WarnerMedia in $43 Billion Deal". Variety. Penske Media Corporation. Archived from the original on February 1, 2022. Retrieved February 1, 2022.
  35. ^ Szalai, George (February 1, 2022). "AT&T Picks WarnerMedia Spin-Off as Structure for Key Step in Discovery Merger". The Hollywood Reporter. Penske Media Corporation. Archived from the original on February 1, 2022. Retrieved February 1, 2022.
  36. ^ "Cade surpreende e aprova fusão Discovery/WarnerMedia sem restrições". Notícias da TV (in Portuguese). February 7, 2022. Archived from the original on February 9, 2022. Retrieved February 9, 2022.
  37. ^ "Form 8-K". U.S. Securities and Exchange Commission & Discovery Inc. February 9, 2021. Archived from the original on May 3, 2022. Retrieved April 24, 2022.
  38. ^ Goldsmith, Jill (February 10, 2022). "Discovery Sets March 11 For Shareholder Vote On WarnerMedia Merger". Deadline Hollywood. Penske Media Corporation. Archived from the original on May 26, 2022. Retrieved February 10, 2022.
  39. ^ "Discovery Shareholders Approve $43 Billion WarnerMedia Merger". Variety. Penske Media Corporation. March 11, 2022. Archived from the original on May 26, 2022. Retrieved March 11, 2022.
  40. ^ "Warner Bros. Family of Brands". Chermayeff & Geismar & Haviv. May 3, 2023. Retrieved June 30, 2024.
  41. ^ "Form 8-K". U.S. Securities and Exchange Commission & AT&T. March 25, 2022. Archived from the original on April 24, 2022. Retrieved April 24, 2022.
  42. ^ "AT&T Announces Details for Completion of Spin-Off Ahead of Close of WarnerMedia Transaction". AT&T. March 25, 2022. Archived from the original on March 25, 2022. Retrieved April 24, 2022.
  43. ^ Maas, Jennifer (April 8, 2022). "Discovery Closes Acquisition of AT&T's WarnerMedia". Variety. Penske Media Corporation. Archived from the original on April 8, 2022. Retrieved April 8, 2022.
  44. ^ Del Valle, Rachel (April 23, 2022). "After embarrassing leak, Warner Bros. Discovery gets a modern new logo". Fast Company. Archived from the original on June 29, 2022. Retrieved July 2, 2022.
  45. ^ Andreeva, Nellie (April 9, 2022). "Chip & Joanna Gaines' Road From HGTV To HBO As 'Fixer Upper' Stars Switch Sides Post-WB/Discovery Merger". Deadline. Archived from the original on April 9, 2022. Retrieved April 9, 2022.
  46. ^ Maas, Jennifer (April 8, 2022). "What Warner Bros. Discovery Looks Like on Day 1". Variety. Archived from the original on May 3, 2022. Retrieved April 9, 2022.
  47. ^ a b Hayes, Dade (April 9, 2022). "Warner Bros Discovery Merger: Who's In, Who's Out In The Executive Ranks". Deadline. Archived from the original on April 9, 2022. Retrieved April 9, 2022.
  48. ^ "Warner Bros Discovery Town Hall: CEO David Zaslav Tells Oprah Winfrey How Merger Came Together, Addresses CNN's Future, Looming Staff Cuts". Deadline. April 14, 2022. Archived from the original on April 14, 2022. Retrieved April 14, 2022.
  49. ^ "Warner Bros. Discovery CEO David Zaslav on $3 Billion in Cuts: 'We Don't Know Exactly How It's Going to Work'". The Wrap. April 14, 2022. Archived from the original on May 12, 2022. Retrieved May 12, 2022.
  50. ^ Oliver Darcy; Brian Stetler (April 21, 2022). "CNN+ will shut down at the end of April". CNN. Archived from the original on April 21, 2022. Retrieved April 21, 2022.
  51. ^ Sherman, Alex (April 21, 2022). "CNN+ is shutting down, effective April 30, sources say". CNBC. Archived from the original on May 6, 2022. Retrieved April 21, 2022.
  52. ^ Grynbaum, Michael; Koblin, John; Mullin, Benjamin (April 21, 2022). "CNN+ Streaming Service Is Set to Shut Down". The New York Times. ISSN 0362-4331. Archived from the original on April 21, 2022. Retrieved April 21, 2022.
  53. ^ "Discovery Hit 24M Streaming Subscribers at End of March Before WarnerMedia Merger". The Hollywood Reporter. April 26, 2022. Archived from the original on April 28, 2022. Retrieved April 28, 2022.
  54. ^ Otterson, Jennifer Maas, Joe; Maas, Jennifer; Otterson, Joe (April 26, 2022). "Warner Bros. Discovery Cuts Scripted Programming Development at TBS, TNT (EXCLUSIVE)". Variety. Archived from the original on May 18, 2022. Retrieved May 12, 2022.{{cite web}}: CS1 maint: multiple names: authors list (link)
  55. ^ Huston, Caitlin (April 27, 2022). "David Zaslav Buys $1M in Warner Bros. Discovery Shares". The Hollywood Reporter. Archived from the original on April 27, 2022. Retrieved April 28, 2022.
  56. ^ Andreeva, Nellie (May 12, 2022). "Tom Ascheim Exits As President Of Warner Bros. Global Kids, Young Adults and Classic". Deadline. Archived from the original on May 12, 2022. Retrieved May 12, 2022.
  57. ^ Andreeva, Nellie (May 12, 2022). "Johanna Fuentes Departs As Head of Global Communications Studios & Networks Group At Warner Bros. Discovery". Deadline. Archived from the original on May 12, 2022. Retrieved May 12, 2022.
  58. ^ Andreeva, Nellie (May 11, 2022). "Brett Weitz Exits As General Manager Of TNT, TBS & truTV". Deadline. Archived from the original on May 12, 2022. Retrieved May 12, 2022.
  59. ^ Davis, Rebecca (January 13, 2022). "DAZN Nears Estimated $800 Million Deal to Acquire BT Sport". Variety. Archived from the original on May 14, 2022. Retrieved May 14, 2022.
  60. ^ Metz, Axel (May 12, 2022). "BT Sport subscribers to get major package upgrade completely free of charge". TechRadar. Archived from the original on May 12, 2022. Retrieved May 12, 2022.
  61. ^ D'Alessandro, Anthony; Fleming, Mike Jr. (June 1, 2022). "Toby Emmerich Out As Warner Bros Motion Picture Group Chairman; Michael De Luca & Pam Abdy To Lead Studio". Deadline. Archived from the original on October 21, 2022. Retrieved September 28, 2022.
  62. ^ "Toby Emmerich Out As Warner Bros Motion Picture Group Chairman; Michael De Luca & Pam Abdy To Lead Studio". Deadline. June 1, 2022. Archived from the original on October 21, 2022. Retrieved June 2, 2022.
  63. ^ D'Alessandro, Anthony (June 1, 2022). "David Zaslav "Thrilled" Toby Emmerich Remaining Part Of Warner Bros Discovery Family, Outlines New Structure; De Luca & Abdy Made Official". Deadline. Archived from the original on June 2, 2022. Retrieved June 2, 2022.
  64. ^ Mullin, Benjamin; Draper, Kevin (June 9, 2022). "Warner Bros. Discovery Picks Sports Chief to Navigate Streaming Era". The New York Times. ISSN 0362-4331. Archived from the original on June 9, 2022. Retrieved June 9, 2022.
  65. ^ Steinberg, Brian (June 9, 2022). "Warner Bros. Discovery Taps Luis Silberwasser as News Sports Chief". Variety. Archived from the original on June 9, 2022. Retrieved June 9, 2022.
  66. ^ Kim Masters (July 28, 2022). "Alan Horn on Rejoining Warner Bros.: "I See Myself as a Consigliere"". The Hollywood Reporter. Archived from the original on July 28, 2022. Retrieved July 29, 2022.
  67. ^ Ravindran, Manori (July 4, 2022). "HBO Max Halts Originals in Parts of Europe in Major Restructure (EXCLUSIVE)". Variety. Archived from the original on July 4, 2022. Retrieved August 3, 2022.
  68. ^ Andreeva, Nellie (July 29, 2022). "'Gordita Chronicles' Canceled As HBO Max Pulls Back On Live-Action Kids & Family Programming; Latinx Comedy Will Be Shopped". Deadline. Archived from the original on August 3, 2022. Retrieved August 4, 2022.
  69. ^ Whitten, Sarah (August 4, 2022). "Investors are looking to Warner Bros Discovery for a streaming strategy — it already gave us a big hint". CNBC. Archived from the original on August 4, 2022. Retrieved August 4, 2022.
  70. ^ Goldsmith, Jill (August 4, 2022). "Warner Bros. Discovery Shares Slide 12% After Earnings Debut – Update". Deadline. Archived from the original on August 5, 2022. Retrieved August 5, 2022.
  71. ^ Weprin, Alex (August 5, 2022). "Warner Bros. Discovery Takes $825M Write-Down on Content Following High-Profile DC Axings and TBS-TNT Cancellations". The Hollywood Reporter. Archived from the original on August 6, 2022. Retrieved August 6, 2022.
  72. ^ White, Peter (August 4, 2022). "Warner Bros. Discovery Confirms Kids' Content Cuts". Deadline. Archived from the original on August 5, 2022. Retrieved August 5, 2022.
  73. ^ White, Peter (August 4, 2022). "Warner Bros. Discovery To "Spend Dramatically More" On HBO/HBO Max & "Lock Up" Majority Of Casey Bloys' Top Team". Deadline. Archived from the original on August 5, 2022. Retrieved August 5, 2022.
  74. ^ D'Alessandro, Anthony (August 4, 2022). "David Zaslav Talks DC "Ten Year Plan" In Wake of 'Batgirl' Axing; 'Flash' Still On Track For Release". Deadline. Archived from the original on August 5, 2022. Retrieved August 5, 2022.
  75. ^ Webb Mitovich, Matt; Hatchett, Keisha (August 4, 2022). "WBD Boss on Batgirl Cancellation: 'We're Not Going to Put a Movie Out Unless We Believe in It'". TVLine. Archived from the original on August 5, 2022. Retrieved August 5, 2022.
  76. ^ White, Peter (August 4, 2022). "Warner Bros. Discovery: HBO Max & Discovery+ Combined Streamer To Launch In U.S. In Summer 2023". Deadline. Archived from the original on August 5, 2022. Retrieved August 5, 2022.
  77. ^ Andreeva, Nellie (August 15, 2022). "HBO/HBO Max Layoffs Hit Max Reality, Acquisitions, Casting & Int'l; Scripted Operation Gets Restructured". Deadline. Archived from the original on August 16, 2022. Retrieved August 16, 2022.
  78. ^ Andreeva, Nellie (August 15, 2022). "Casey Bloys Addresses HBO/Max Reorg, "Extremely Painful" Layoff Decisions In Memo". Deadline. Archived from the original on August 16, 2022. Retrieved August 16, 2022.
  79. ^ Chapman, Wilson (August 18, 2022). "HBO Max to Remove 36 Titles, Including 20 Originals, From Streaming". Variety. Archived from the original on August 19, 2022. Retrieved August 20, 2022.
  80. ^ Sherman, Alex (August 19, 2022). "Here's why HBO Max is pulling dozens of films and TV series from the streaming platform". CNBC. Archived from the original on August 20, 2022. Retrieved August 20, 2022.
  81. ^ Flint, Joe (June 29, 2022). "Nexstar Nears Deal to Acquire Majority Control of CW Network". WSJ. Archived from the original on June 29, 2022. Retrieved May 13, 2023.
  82. ^ a b Neuman, Jennifer (August 15, 2022). "Nexstar Media Group to Acquire The CW Network". Nexstar Media Group, Inc. Archived from the original on August 15, 2022. Retrieved May 13, 2023.
  83. ^ Hayes, Dade (August 15, 2022). "The CW Will Be A Profitable Network By 2025, With Broader And Cheaper Programming, New Owners At Nexstar Signal". Deadline. Archived from the original on August 15, 2022. Retrieved May 13, 2023.
  84. ^ Miller, Mark (August 15, 2022). "Nexstar Management Of CW Is Immediate". TV News Check. Archived from the original on August 15, 2022. Retrieved May 13, 2023.
  85. ^ "Warner Bros. Discovery faces suit alleging inflated HBO Max numbers". Los Angeles Times. September 28, 2022. Archived from the original on September 29, 2022. Retrieved September 29, 2022.
  86. ^ "Warner Bros. Discovery Inflated HBO Max Subscribers, Lawsuit Claims". TheWrap. September 27, 2022. Archived from the original on September 29, 2022. Retrieved September 29, 2022.
  87. ^ Masters, Kim (September 16, 2022). "Warner Bros. Discovery Has Bigger Problems Than Its DC Search". The Hollywood Reporter. Archived from the original on September 29, 2022. Retrieved September 29, 2022.
  88. ^ Weprin, Alex (September 28, 2022). "David Zaslav Says Warner Bros. Discovery Is "Not For Sale" In Town Hall With Staff". The Hollywood Reporter. Archived from the original on September 29, 2022. Retrieved September 29, 2022.
  89. ^ Schneider, Michael (October 12, 2022). "Warner Bros. TV Group Lays Off 82 Staffers, Consolidates Some Unscripted and Animation Departments in Belt-Tightening Restructure". Variety. Archived from the original on October 12, 2022. Retrieved October 12, 2022.
  90. ^ Steinberg, Brian (October 3, 2022). "Mark Pedowitz Will Leave CW Amid Nexstar Acquisition". Variety. Archived from the original on October 3, 2022. Retrieved May 13, 2023.
  91. ^ Couch, Aaron; Kit, Borys (October 25, 2022). "DC Shocker: James Gunn, Peter Safran to Lead Film, TV and Animation Division (Exclusive)". The Hollywood Reporter. Archived from the original on October 25, 2022. Retrieved October 25, 2022.
  92. ^ White, Peter (November 3, 2022). "HBO Max & Discovery+ Combo Service Launch Date Moved Up". Deadline. Archived from the original on November 3, 2022. Retrieved November 3, 2022.
  93. ^ Quinald, Daniel (February 27, 2023). "How the HBO Max-Discovery+ Combo Could Challenge Netflix and Hulu". The Wrap. Archived from the original on March 1, 2023. Retrieved March 1, 2023.
  94. ^ Steinberg, Brian (December 7, 2022). "Big Cable Networks Like HLN Are Failing, and Media Companies Can't Stop Their Decline". Variety. Archived from the original on December 7, 2022. Retrieved December 7, 2022.
  95. ^ Weprin, Alex (December 1, 2022). "CNN Chief Outlines Cuts: HLN Slashed, International Reorganized, "Core" News Product In Focus". The Hollywood Reporter. Archived from the original on December 1, 2022. Retrieved December 2, 2022.
  96. ^ "Roku and Tubi to Launch Warner Bros. Discovery Free, Ad-Supported Channels, Featuring HBO's 'Westworld' and More". Variety. January 31, 2023. Archived from the original on February 23, 2023. Retrieved February 23, 2023.
  97. ^ "Exclusive: Warner Bros Discovery licenses movies and TV shows to Roku, Tubi". Reuters. January 31, 2023. Archived from the original on February 22, 2023. Retrieved February 23, 2023.
  98. ^ Toonkel, Jessica; Flint, Joe (February 8, 2023). "Warner Bros. Discovery to Keep Discovery+, in Strategy Shift". Wall Street Journal. Archived from the original on February 8, 2023. Retrieved February 8, 2023.
  99. ^ Hayes, Dade (February 23, 2023). "Discovery+ Economics Justify Continuing It As A Stand-Alone Streamer After Launch Of Merged HBO Max Offering, WBD CEO David Zaslav Says: "Why Would We Shut That Off?"". Deadline. Archived from the original on February 23, 2023. Retrieved February 24, 2023.
  100. ^ "Licht's Out". Puck. June 7, 2023. Retrieved June 7, 2023.
  101. ^ Alberta, Tim (June 2, 2023). "Inside the Meltdown at CNN". The Atlantic. Retrieved June 7, 2023.
  102. ^ Littleton, Cynthia (June 20, 2023). "Warner Bros. Discovery Layoffs Hit Domestic Cable Group; TCM Sees Leadership Shuffle". Variety. Retrieved June 23, 2023.
  103. ^ Aswad, Jem (June 22, 2023). "Warner Bros. Discovery Negotiating $500 Million Deal to Sell Film and TV Music Publishing Assets". Variety. Retrieved June 23, 2023.
  104. ^ Grobar, Matt (June 23, 2023). "Turner Classic Movies Now To Be Overseen By Warner Bros' Michael De Luca & Pamela Abdy". Deadline. Retrieved June 23, 2023.
  105. ^ Jackson, Angelique (June 21, 2023). "Steven Spielberg, Martin Scorsese, Paul Thomas Anderson Meet With WBD Chief David Zaslav Following TCM Layoffs". Variety. Retrieved June 23, 2023.
  106. ^ Weprin, Alex (June 20, 2023). "TCM Chief Pola Changnon to Exit Warner Bros. Discovery Amid Further Cuts in TV Division". The Hollywood Reporter. Retrieved June 23, 2023.
  107. ^ Shafer, Elise (December 29, 2023). "Warner Bros. Discovery Acquires Turkish Streaming Service BluTV". Variety.
  108. ^ Szalai, Georg (December 29, 2023). "Warner Bros. Discovery Acquires Turkish Streamer BluTV". The Hollywood Reporter.
  109. ^ Goldbart, Max (February 16, 2024). "All3Media Sale Saga Ends With RedBird IMI Confirming Acquisition Of 'The Traitors' Maker For $1.45B". Deadline. Retrieved June 25, 2024.
  110. ^ Whittock, Jesse (May 16, 2024). "RedBird IMI Completes $1.45B Takeover Of 'The Traitors' Maker All3Media; Jeff Zucker Becomes Super-Indie's Chairman". Deadline. Retrieved June 25, 2024.
  111. ^ Crowley, Amy-Jo (May 31, 2023). "Liberty Global and Warner Bros Discovery owners weigh deal for All3Media". Reuters. Retrieved August 4, 2023.
  112. ^ Szalai, Georg (July 14, 2023). "ITV "No Longer Actively Exploring" All3Media Acquisition From Warner Bros. Discovery, Liberty Global". The Hollywood Reporter. Retrieved August 4, 2023.
  113. ^ Ravindran, Manori; Keslassy, Elsa (July 31, 2023). "All3Media Being Eyed by Mediawan, Banijay, Sony After ITV Pulled Out of Acquisition (EXCLUSIVE)". Variety. Retrieved August 4, 2023.
  114. ^ Currie, Shayne; Harris, Katie (April 10, 2024). "Newshub closure live updates: Staff emotional after meeting - TVNZ's Sunday team". Media Insider. The New Zealand Herald. Auckland: NZME. Retrieved April 10, 2024.
  115. ^ Harris, Katie (April 9, 2024). "Why is Newshub closing? What we know about the decision to axe the broadcaster". NZ Herald. Retrieved July 8, 2024.
  116. ^ Peacock, Colin (April 16, 2024). "Stuff to provide news bulletins to replace Newshub". Radio New Zealand. Archived from the original on April 16, 2024. Retrieved April 16, 2024.
  117. ^ "The name for Stuff's new TV bulletin replacing Newshub". RNZ. May 27, 2024. Archived from the original on May 27, 2024. Retrieved May 28, 2024.
  118. ^ "Samantha Hayes to front Stuff's new 6pm TV bulletin alongside other key talent". Stuff. May 7, 2024. Archived from the original on May 11, 2024. Retrieved May 11, 2024.
  119. ^ Johnson, Ted (July 11, 2024). "CNN To Reduce Staff By About 100 As CEO Unveils New Details Of "One Newsroom" Strategy; Layoffs Include Media Critic Brian Lowry — Update". Deadline. Retrieved July 17, 2024.
  120. ^ White, Peter (July 16, 2024). "Warner Bros. Discovery Starts New Round Of Layoffs". Deadline. Retrieved July 17, 2024.
  121. ^ "Warner Bros Discovery drafts break-up plan". Financial Times. Retrieved July 30, 2024.
  122. ^ D'Alessandro, Anthony (July 18, 2024). "Warner Bros Discovery Mulling Split To Boost Stock Price". Deadline. Retrieved July 30, 2024.
  123. ^ Pickman, Ben; Marchand, Andrew (July 24, 2024). "NBA announces $77 billion deals with ESPN, NBC and Amazon; TNT Sports threatens to sue, per sources". The Athletic.
  124. ^ Maas, Jennifer (August 7, 2024). "Warner Bros. Discovery Takes $9.1 Billion Balance-Sheet Hit for Massive Drop in TV Network Values". Variety. Retrieved August 7, 2024.
  125. ^ "Warner Bros. Discovery and the National Basketball Association Reach Agreement to Expand Long-Standing Partnership". Warner Bros. Discovery (Press release). November 18, 2024.
  126. ^ "ESPN and TNT Sports Reach Agreement for Iconic Inside the NBA to be Exclusively Distributed on ESPN and ABC Platforms Beginning with 2025-26 NBA Regular Season". ESPN Press Room (Press release). November 18, 2024.
  127. ^ Flint, Joe (November 17, 2024). "Warner Bros. Discovery, NBA Settle Legal Battle Over TV Rights". wsj.com. The Wall Street Journal. Retrieved November 17, 2024.
  128. ^ Marchand, Andrew; West, Jenna (November 17, 2024). "'Inside the NBA' to continue on ABC and ESPN as part of TNT-NBA settlement: Sources". nytimes.com/athletic. The Athletic.
  129. ^ Zielińska, Urszula (April 21, 2022). "WarnerBros. Discovery w Polsce samodzielnym bytem. Są zmiany w kierownictwie TVN" (in Polish). Rzeczpospolita. Archived from the original on May 19, 2022. Retrieved May 25, 2022.
  130. ^ D'Alessandro, Anthony (May 3, 2023). "Jim Lee Promoted To President Of DC Comics". Deadline. Retrieved August 4, 2023.
  131. ^ a b "Leadership". Warner Bros. Discovery. Archived from the original on August 11, 2022. Retrieved August 5, 2022.
[edit]
  • Official website Edit this at Wikidata
  • Business data for Warner Bros. Discovery: