Warner Bros. Discovery shares have skyrocketed for the second consecutive day as reports emerge that Paramount Skydance is gearing up to bid for its media rival. The potential deal, backed by the Ellison family, could reshape the media landscape.
In a bold move to adapt to a shifting media landscape, Warner Bros. Discovery will split into two distinct companies: WBD Streaming & Studios and WBD Global Networks. This strategic separation aims to enhance focus and flexibility. Discover the implications for the entertainment industry!
David Zaslav, CEO of Warner Bros. Discovery, is reportedly meeting with candidates to replace current film studio heads Michael De Luca and Pamela Abdy. The talks are in the early stages, with no final decisions made yet.
