News

Paramount Global CFO Naveen Chopra Exits, Andrew Warren to Serve as Interim Replacement
Paramount Global chief financial officer Naveen Chopra is exiting his post. Following his departure, Andrew Warren — who ...
Communications Services Down as Investors Await Trade Updates -- Communications Services Roundup
Communications-services companies fell slightly as traders awaited updates on inflation and trade negotiations. Warner Bros. Discovery plans to split itself into two stand-alone publicly traded ...
The Hollywood Reporter12y
Discovery Communications to Acquire ProSieben’s Scandinavian Assets in $1.7 Billion Deal
Cable networks powerhouse Discovery Communications has won the auction for the Scandinavian assets of German TV giant ProSiebenSat.1 in a deal that values the business at $1.7 billion (€1.33 ...
TheWrap9y
Discovery’s Q2 Profit Drops Despite Sales Growth
Discovery Communications’ second quarter profit fell 25 percent from 2014, despite the network of networks seeing a slight sales uptick overall. The TV media company couldn’t hit the marks ...
Wall Street Journal10y
Discovery to Take Control of Hub Children's Network
Discovery Communications Inc. and toy giant Hasbro Inc. are ending their equal partnership in the Hub, a cable network that hoped to become a force in children's television but made little headway ...
The Hollywood Reporter8y
The Strategy Behind Discovery’s $100M Bid for Millennials
Discovery Communications is betting big with an investment in five online publishers — Thrillist, The Dodo, NowThisMedia, Seeker and SourceFed Studios — to attract young audiences. By Natalie ...