Warner Bros. Discovery Inc. (WBD 1.43%) closed at $13.50, gaining 1.43% on heavy trading volume of approximately 125 million shares -- more than double its average of 54 million shares.
NEW YORK--(BUSINESS WIRE)--Today, VideoAmp, a leading advertising technology company, announced a multi-year agreement with Warner Bros. Discovery, Inc. (Nasdaq: WBD) to expand their longstanding relationship and continue delivering currency optionality to the advertising marketplace. As part of the agreement, Warner Bros. Discovery (WBD) will leverage VideoAmp's advanced data and measurement s...
Sky New Zealand has acquired Warner Bros Discovery's local channels business for a token sum of NZ$1 (60¢). The surprise deal will see Sky becoming New Zealand's dominant media player by acquiring 100% of the shares in Discovery NZ from Discovery Networks Asia-Pacific, a subsidiary of WBD, on a cash-free, debt-free basis.
Warner Bros. Discovery (WBD 2.31%) shares climbed 2.07% to close at $12.84 on Thursday, outpacing broader market gains as investors continue to respond positively to developments regarding the company's linear division spin-off.
In an industry that's long been run by storied Hollywood executives, those with backgrounds in finance and deal-making are increasingly reshaping the landscape. The most recent example came last month when Warner Bros.
After spending much of 2024 in the box-office doldrums, the legendary studio has scored a remarkable turnaround with five straight No. 1 hits, culminating with this weekend's smash, “Superman,” which drew in $217 million worldwide.
The other big hits over the weekend were films that similarly scored big other big openings over the past few weeks—“Jurassic World Rebirth” sold an estimated $40 million this weekend and “F1” held on in third place with an estimated $13 million, Deadline reported.
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