After once saying that the linear TV business “may not be core” to Disney, CEO Bob Iger has completely changed his tune, telling Wall Street on Wednesday that the entertainment giant has now reached a ...
The studio’s broadcast and cable assets look to be off the auction block as they are managed alongside evolving streaming platforms. By Etan Vlessing Canada Bureau Chief Disney CEO Bob Iger sounded ...
Sorry to those other entertainment conglomerates, but Disney is—as usual—built different. Streaming has disrupted everything so thoroughly that alarms have been sounding about the extinction of linear ...
The latest round of media company earnings reports confirmed once again that linear TV — cable in particular — is eroding quickly, with its decline in stark contrast with the growing streaming ...
With Comcast planning to spin out NBCUniversal cable networks and Warner Bros. Discovery positioning itself to do the same, Disney CEO Bob Iger said the company may or may not join an anticipated move ...
Warner Bros Discovery Inc (NASDAQ: WBD) announced plans to split its cable networks from its streaming and studio operations on Thursday. Shares of the mass media behemoth are up 15% at writing. “We ...
Warner Bros. Discovery (NASDAQ:WBD) reported a revenue miss and profit beat for the third quarter, hurt by weakness in its linear networks business, offsetting streaming and studios growth. Shares of ...
Warner Bros. Discovery‘s linear networks continued to lose ground amid ongoing challenges, weighing on the fourth quarter. Revenue eased 1% to $10 billion, shy of Wall Street forecasts. Net $1.9 ...