Hannah Miller
Reporter at Bloomberg News
media reporter at Bloomberg. opinions are my own. email: [email protected] signal: hannahmiller.01
Articles
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2 weeks ago |
news.bloomberglaw.com | Hannah Miller
Warner Bros. is spinning out its struggling cable networksZaslav has faced criticism in Hollywood during his leadershipJust three years after arguing that the best way to boost the value of Warner Media and Discovery Inc. was to combine their assets, Chief Executive Officer David Zaslav is now saying that the real key to unlocking their potential worth is to split them apart.
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2 weeks ago |
bloomberg.com | Hannah Miller
A Warner Bros Discovery office in New York. (Bloomberg) -- Just three years after arguing that the best way to boost the value of Warner Media and Discovery Inc. was to combine their assets, Chief Executive Officer David Zaslav is now saying that the real key to unlocking their potential worth is to split them apart. The stock has declined about 60% since that merger was completed in April 2022, wiping out some $40 billion from the company’s market value.
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2 weeks ago |
bloomberg.com | Lucas Shaw |Hannah Miller
Good afternoon from Los Angeles, and a special hello to those of you who watched one of the greatest tennis matches ever. Warner Bros. Discovery has gotten some grief for mishandling the NBA negotiations, among other things, but its inaugural presentation of Roland Garros was a marked improvement on recent years. Live sports has been swallowing the entertainment business for years, and it feels even more significant now.
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2 weeks ago |
bloomberg.com | Hannah Miller
Warner Bros. Studios in Burbank, California. (Bloomberg) -- A majority of Warner Bros. Discovery Inc. shareholders voting at the media company’s annual meeting rejected the compensation awarded to Chief Executive Officer David Zaslav and other top officials. Almost 60% of the votes cast came in against the 2024 executive pay package at the company, according to a regulatory filing Tuesday. The vote is nonbinding.
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3 weeks ago |
bloomberg.com | Hannah Miller
The Paramount Studios in Los Angeles, California. (Bloomberg) -- Paramount Global, the owner of CBS and MTV, nominated three new members to its board of directors and one stepped down, bringing the total to seven as the media and entertainment company faces a lawsuit from the US president and seeks merger approval.
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