Warner Bros. Discovery Narrows Losses as Streaming Nears 132M Subs Amid High-Stakes Merger Drama

Entertainment giant trims Q4 losses to $252M, grows streaming to 131.6M subs while weighing Netflix merger against Paramount bid. As takeover talks swirl, Warner Bros. Discovery is showing signs of financial steadiness — even as its traditional TV and film businesses continue to struggle. The David Zaslav-led company reported Thursday that it narrowed its fourth-quarter … Read more

James Cameron Says Netflix Buying Warner Bros. Would Be “Disastrous” for Theaters and Hollywood Jobs

James Cameron

Cameron says a Netflix-Warner deal could devastate theaters and Hollywood jobs worldwide now. What happens when the king of the global box office says Hollywood is heading for a cliff? People listen. And right now, James Cameron is not mincing words. The Avatar director has sent a pointed letter to Senator Mike Lee, arguing that … Read more

Wall Street Meets Hollywood: Donald Trump’s Bond Buys Stir Buzz After Netflix–Warner Deal

Donald Trump on '60 Minutes' Nov. 2.

After a blockbuster media merger was announced, Trump’s bond purchases in Netflix and Warner Bros. Discovery drew fresh scrutiny. When Netflix revealed plans to acquire major parts of Warner Bros. Discovery, the news sent shockwaves through Hollywood and Wall Street alike. Now, newly released financial disclosures have added a political twist to the story. According … Read more