Tag: Cable Broadcasting

Why Max Decided to Lose ‘HBO’ in Its Name
World

Why Max Decided to Lose ‘HBO’ in Its Name

Warner Bros. Discovery sliced “HBO” from the name of its “HBO Max” streaming service earlier this year, sacrificing a seminal television brand name to convince consumers that it offers more than HBO’s style of programming.But the company is navigating a difficult time in streaming, as a growing mountain of competitors scramble for subscription fees and ad revenue. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
For Warner-Paramount, Streaming Consolidation Is Easier Said Than Done
Money

For Warner-Paramount, Streaming Consolidation Is Easier Said Than Done

Dec. 21, 2023 11:23 am ETIn the current Hollywood rumor mill, one thing remains certain: Streaming consolidation will be a lot easier said than done. Warner Bros. Discovery combining with Paramount Global is the latest pitch. The Wall Street Journal and other media outlets reported late Wednesday that Warner Chief Executive David Zaslav met with Paramount Chief Bob Bakish earlier this week to discuss a possible deal. No formal talks are yet under way, and the news comes just a couple of weeks after reports that Paramount’s controlling shareholder, Shari Redstone, was talking about a potential deal with an investor group led by Skydance Media. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Former CNN Boss Jeff Zucker Eyes Unlikely Next Role: British Media Mogul
World

Former CNN Boss Jeff Zucker Eyes Unlikely Next Role: British Media Mogul

Jeff Zucker ran NBC’s “Today” show as a young executive producer and was CNN’s boss for nearly a decade. Now, the television veteran is angling for a very different assignment: turn conservative British news publications into global brands. Zucker is heading an investment group that has become the top contender to buy the Telegraph and the Spectator, a newspaper and a magazine that are both more than 150 years old. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
British American Tobacco to Write Down $31.5 Billion on U.S. Brands
World

British American Tobacco to Write Down $31.5 Billion on U.S. Brands

Updated Dec. 6, 2023 1:54 pm ETBritish American Tobacco is booking a $31.5 billion charge to slash the value of its U.S. cigarette business, one of the biggest corporate write-offs in recent history.The accounting charge, largely stemming from its 2017 takeover of the U.S. maker of Newports and Camels, falls short of the value erased by the failed merger of AOL and Time Warner.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Disney, Lions Gate Pause Ads on X After Musk Agrees With Antisemitic Tweet
World

Disney, Lions Gate Pause Ads on X After Musk Agrees With Antisemitic Tweet

Several major entertainment companies stopped advertising on Elon Musk’s X after the social-media network’s owner described an antisemitic post this week as “the actual truth” and again lashed out at the Anti-Defamation League.Among those pausing ads on the social-media platform are Disney, Warner Bros. Discovery, Paramount Global, NBCUniversal and its parent Comcast and Lions Gate Entertainment, people close to those companies said. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8