Discovery takes control of HBO, CNN, and Warner Bros., creating new media giant - News Summed Up

Discovery takes control of HBO, CNN, and Warner Bros., creating new media giant


By Brian Stelter, CNN BusinessDiscovery’s merger with WarnerMedia took effect on Friday afternoon, creating a streaming media giant led by CEO David Zaslav. The newly formed company, Warner Bros. Zaslav said Warner Bros. The merger adds HBO, CNN, TNT, Turner Sports, the Warner Bros. movie studio, and a huge raft of other media assets to the company. Three key creative executives from WarnerMedia will also report directly to Zaslav: HBO chief content officer Casey Bloys; Warner Bros. Television Group chairman Channing Dungey; and Warner Bros. Picture Group chairman Toby Emmerich.


Source: CNN April 09, 2022 03:52 UTC



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