The UK’s Competition and Markets Authority (CMA) has confirmed it is investigating the anticipated sports joint venture between Warner Bros Discovery and BT Group. The CMA is considering whether it is or may be the case that this transaction if carried into effect, will result in the creation of a relevant merger situation under the […]

Warner Bros Discovery will celebrate Pride Month this June with a range of new commissions, on-air and social activities as 2022 marks 50 years of Pride in the UK. A dedicated content collection celebrating the LGBTQIA+ community is available now via discovery+ in the UK & Ireland. The collection includes four discovery+ Originals; Trixie Motel, […]

Warner Bros Discovery UK has announced three new commissions for discovery+ as part of its ‘vs’ format launched in December 2021 with Johnny vs Amber: a two-part documentary which explored Depp’s defamation trial in the UK High Court with explosive evidence, intimate personal archive and in-depth interviews from both legal teams. Following the success of […]

Warner Bros Discovery will launch two new streaming advertising products with the connected TV technology company, BrightLine. The new advanced advertising products, Click-to-Contact and Viewer’s Choice, will be available on discovery+ beginning in Q4 2022 and will be offered to clients in the 2022-23 Upfront season. “By offering more advanced advertising options to our partners, […]

BT Group’s proposed joint venture with Warner Bros Discovery is neutral to BT’s rating, according to credit rating agency Fitch Ratings, who expect the impact on its credit metrics to be limited. “Deconsolidation of the JV should not affect the group’s EBITDA significantly, while the impact on net debt at transaction close is expected to […]

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 […]

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 […]

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 […]

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 […]

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 […]