Warner Bros. Discovery
GCN platforms the latest victims of WBD’s OTT restructure
Warner Bros. Discovery is to shut down GCN+ and the GCN App, the direct-to-consumer cycling platforms, in its latest restructuring move in the digital space
Zaslav warns of ‘generational disruption’ as WBD reports $417m net loss
Warner Bros. Discovery has reported third-quarter net losses of $417m (€390m) after a decline in advertising revenue, a drop in streaming subscribers, and what president and chief executive David Zaslav called a “generational disruption” as the company’s stock tumbled by 19 per cent.
France Télévisions recommits with increased fee to Tour de France amid bumper ratings
France Télévisions extended its exclusive domestic free-to-air rights to the Tour de France for five years, from 2026 to 2030, after agreeing to a slight uplift and recommitting to significant production costs.
SVT bags Paris 2024 highlights rights
Swedish public broadcaster SVT has secured highlights rights to the 2024 Paris Olympics, after striking a deal with media group Warner Bros. Discovery
WBD shifts another RSN to Houston Astros, Rockets
Two of Houston's top sports franchises, Major League Baseball's Astros and the National Basketball Association's Rockets, have acquired AT&T SportsNet Southwest, one of Warner Bros
Bauer exits WBD Germany for top ProSiebenSat.1 rights role
Gernot Bauer, head of sport at Warner Bros. Discovery Germany, is leaving the media giant to join commercial broadcaster ProSiebenSat.1
WBD adds Max sports streaming tier targeted at users ‘under 30’
Warner Bros. Discovery Sports has unveiled a Bleacher Report (B/R) Sports add-on tier to its rebranded US streaming service Max
Eurosport channels stay part of basic-tier DAZN package in multi-territory renewal
Sports content from Eurosport will continue to be available to all DAZN subscribers in Germany, Austria and Switzerland under the terms of a new sublicensing agreement
Viaplay travails could offer quick scale play but underlying challenges remain
Viaplay’s financial crisis may represent a low-cost opportunity to scale quickly for other expansionist media groups, but the costs the company took on to drive its expansion over the last six years could deter many potential buyers.
Sports content to join WBD’s Max ‘soon’, D2C subscriber total falls
Warner Bros. Discovery chief executive officer David Zaslav says that news and sports will soon be joining the company's rebranded streaming service Max
TNT Sports goes live in UK and Ireland
The UK and Ireland pay-television market has entered a new era today (Tuesday) with TNT Sports going live to replace BT Sport
EXCLUSIVE: Disney, WBD set to renew UCL rights across LatAm
Disney and Warner Bros. Discovery are in line to renew their Uefa Champions League rights deals across Latin America and Brazil, respectively, SportBusiness understands
Warner Bros Discovery set to pay uplift for Champions League in Brazil
Warner Bros Discovery is set to acquire exclusive rights to the Uefa Champions League in Brazil for the upcoming three-season cycle, agreeing to pay an uplift should its deal in principle be finalised as expected.
ITV lands SailGP rights, WBD secures exclusivity in New Zealand
UK commercial broadcaster ITV has acquired free-to-air rights to the upcoming SailGP season, while Warner Bros. Discovery has agreed a deal to exclusively cover the sailing series in New Zealand
Warner Bros. Discovery out of picture for Danish Superliga rights
The Danish Superliga will not be on the screens of channels owned by Warner Bros. Discovery in Denmark from 2024-25, after the incumbent rights-holder did not submit a bid by the May 10 deadline
D2C unit in the black but Warner Bros. Discovery posts $1bn Q1 loss
Warner Bros. Discovery Inc today (Friday) posted a first-quarter loss exceeding $1bn (€910m), largely tied to its 2022 mega merger, but did announce a surprise profit for its streaming business.
NBA, NHL Playoff first rounds enjoy viewership spikes
The first rounds of the National Basketball Association and National Hockey League playoffs have drawn major increases in viewership on Warner Bros. Discovery and Disney-owned platforms ESPN and ABC
US Open nets steady sales in Europe and Italy after carve-out
The USTA and IMG have struck four deals for the US Open in Europe so far, though the jury will remain out on the decision to carve out the ‘big five’ markets until the sales process is complete.