The studio and cable conglomerate that David Zaslav created couldn’t overcome outside forces and massive debt.

A recent round of layoffs at Paramount has affected 3.5% of the company’s US teams, with more cuts still on the table in the ...

The S&P/ASX 200 is set to extend its record-breaking streak, while US stock struggled amid a re-escalation in Middle East ...

NBCUniversal and Warner Bros. Discovery are racing to offload their ailing linear TV channels. But just one of the new ...

Four years ago, David Zaslav clinched a debt-heavy deal to merge cable mainstay Discovery Inc. — which he’d run since 2006 — ...

Iger emphasized the continued value of the broadcast and cable channels, citing revenue from advertising and subscriber fees.

Guy Griggs is jumping from one news giant to another. Griggs, currently vice president of national sales for New York Times ...

In today’s Digest, we discuss media giants grappling with costs, the UK government considering social media time limits for ...

Warner Bros. Discovery (WBD) announced on June 9, 2025, its plan to split into two independent, publicly traded companies by ...

Just three years after arguing that the best way to boost the value of Warner Media and Discovery Inc was to combine their ...

WBD on Monday confirmed plans to spin off the company's cable networks unit from its streaming and studios business.

Tony Awards celebrated a record-grossing Broadway season with 'Maybe Happy Ending' winning best musical. Darren Criss secured ...