Tag: Discovery

A lawsuit against Warner Bros. Discovery accused of allegedly deceiving investors and lying about HBO Max Subs

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An Illinois police pension fund is suing Warner Bros. Discovery alleges that Warner Bros. It deceived investors by misrepresenting HBO Max’s subscriber numbers during the merger with Discovery. lawsuit. according to wrapA lawsuit was filed in New York last week on behalf of the Collinsville Police Pension Board, a contributor to Warner Bros. Illinois-based Discovery, having accepted WBD shares in the trade for Class C common Discovery shares prior to the merger. More than 700 million shares of WBD were issued to Discovery’s common and preferred shareholders as part of…

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DC fans can’t believe the budget for The Wonder Twins movie

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Earlier today it was confirmed that The Wonder Twins The film, which was just announced for only three months, has been officially canceled on HBO Max. According to reports, the film was the reason for the incorporation of WB-Discovery, and was the result of the desire of the CEO of Warner Bros. Discovery, David Zaslav, has put a cap on the cost of original films for the streaming service. Apparently Zaslav wanted movies for HBO Max with a maximum budget of $35 million, which he wasn’t The Wonder Twins It…

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Playmobil Star Trek USS Enterprise NCC-1701 kit gets huge deal

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Each product has been independently selected by our editorial team. We may receive commissions from some links to products on this page. Promotional offers are subject to retailer’s availability and terms. Playmobil recently acquired LEGO and some massive Star Wars sets in its Ultimate Collector’s Series lineup with the 70548 Star Trek USS Enterprise NCC-1701 Playset. It is described as “the largest and most luxurious Playmobil set to date”. It also has a price tag to match. However, you can Order one here on Amazon for $357.19 at the time…

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WarnerMedia CEO Jason Keeler Promotes Company’s ‘Creative Momentum’ As Merger Discovery Closes

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Jason Keeler officially stepped down as WarnerMedia CEO this week ahead of WarnerMedia/Discovery’s shutdown. Earlier today, the merger was officially completed and as expected, the outgoing WarnerMedia CEO released a statement about his tenure at the studio. in a series of TweetsThe CEO touted all the studio’s successes while in charge. “Today is the last day of WarnerMedia’s turn as Warner Bros. Discovery. To celebrate the occasion, I’m taking the time to share some important things, particularly about the WarnerMedia team and the creative partners we’ve started working with,” the…

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Discovery-WarnerMedia merger closed after $43 billion acquisition

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At the close of today’s business, Discovery and AT&T announced the closing of a planned transaction that would combine WarnerMedia and Discovery into a single entity. The new company, named Warner Bros. Discovery, Inc officially has everything under the WarnerMedia umbrella including DC, HBO, New Line Cinema, Adult Swim and Cartoon Network with all Discovery owned TLC, HGTV, Travel Channel and Discover+. It has been previously confirmed how the new company will combine the two monolithic streaming services offered separately by individual companies, HBO Max and Discovery+, into a single…

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WarnerMedia Boss Ann Sarnoff and HBO Max Boss Andy Forssell Exit Due to Merger Discoveries

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The WarnerMedia and Discovery merger caused more big tremors. Earlier today, it was revealed that Wanermedia CEO Jason Keeler was set to leave the company following the completion of the Discovery merger. Now, it has been officially announced Wanermedia Studios and Networking Group President Ann Sarnoff And the HBO Max president Andy Forsell is leaving as well their roles. The new CEO of Warner Bros. Discovery’s newly released statement thanking Sarnoff for Sarnoff’s hard work. “I would like to thank Anne for all her leadership during the transformation of the…

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