Advanced Television

warner bros discovery

BT, Warner Bros Discovery confirm sports JV

Following its announcement of exclusive discussions on February 3rd, BT Group has agreed a set of definitive agreements with Warner Bros Discovery to form a 50:50 joint venture company to create a new premium sport offering for the UK & Ireland and to transfer the operating businesses of BT Sport to Warner Bros Discovery By […]

May 12, 2022By Colin Mann

BT results: “Openreach continues to build like fury”

BT Group has published its full year results, revealing underlying revenue of £20.9 billion (€24.4bn) – down 2 per cent for the full year – attributed to declines in Enterprise and Global. Cost savings meant EBITDA rose 2 per cent to £7.6 billion. The telco said it is on track to meet its targets for […]

May 12, 2022

FilmRise acquires Rooster Teeth content

FilmRise, the New York-based film and television studio and streaming network, has acquired the exclusive SV0D, AVoD and FAST rights to over 400 episodes across three properties of digital native content from Rooster Teeth, a subsidiary of Warner Bros Discovery. The three properties are the first animated series that FilmRise has acquired for the digital […]

May 12, 2022

European VoD companies inaugurate coalition

VoD companies have officially inaugurated the European VOD Coalition. The Coalition gives a voice to the successful European audiovisual streaming sector. It will engage with policy makers and regulators across Europe on behalf of companies who invest in and distribute audiovisual content in Europe as part of their core commercial activities. The European VOD Coalition […]

May 11, 2022

Warner Bros Discovery adds 2m subs in Q1

Warner Bros Discovery has reported results for the quarter ended March 31st 2022. The results cdo not include Q1 performance for the WarnerMedia business, which was acquired on April 8th. David Zaslav, President and Chief Executive Officer of Warner Bros Discovery, commented: “With Warner Bros Discovery, we are creating a pure-play media company with diversified […]

April 26, 2022

CNN+ shuts after less than a month

The new owner of CNN, Warner Bros Discovery, is shutting down CNN+ on April 28th. It is less than a month since its launch. “This decision is in line with WBD’s broader direct-to-consumer strategy,” said Chris Licht, the incoming CEO of CNN. “In a complex streaming market, consumers want simplicity and an all-in service, which […]

April 22, 2022

Warner Bros Discovery names international team

Warner Bros Discovery has named its international executive team, headed by Gerhard Zeiler. WarnerMedia’s former EMEA and Asia president Priya Dogra (pictured) will become president & MD for EMEA (excluding Poland), overseeing all Warner Bros Discovery operations in the region from her London base. She will be responsible for integrating and operating the International divisions […]

April 22, 2022

Ateme announces strategic advisory board

Ateme a global player in video compression, delivery, and streaming solutions with innovation at its core, has announced the creation of a strategic Advisory Board composed of five industry luminaries. Ateme says the Advisory Board will serves as a resource to its executive leadership, helping the company address the transformation of the industry by reflecting […]

April 22, 2022

CNN+ launch ‘disaster’

CNN+, the premium pay-service from the global news broadcaster, is suffering despite launching just some three weeks ago. CNN’s long-time CFO Brad Ferrier (since 1995) has been laid off, and all marketing spend cancelled according to local reports. Ferrier has been replaced by Discovery’s CFO for streaming, Neil Chugani. The changes come with rumours that […]

April 20, 2022By Chris Forrester

Discovery, AT&T close WarnerMedia deal

Discovery and AT&T have closed their transaction to combine the WarnerMedia business with Discovery. The new entity, Warner Bros Discovery, will begin trading on the Nasdaq with the start of trading on April 11th, under the new ticker symbol ‘WBD’. Warner Bros Discovery will create and distribute the world’s most differentiated and complete portfolio of […]

April 11, 2022By Colin Mann