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Business

HBO Max to Launch in 12 Countries in July as WBD Streamer Closes in on 100 Markets (Exclusive)

Europe has been the fastest-growing international region for the streaming service, which is getting ready to accelerate its global growth strategy with the latest market debuts.

Latest Business

It’s Not You, It’s WB: A Brief History of Warners’ 21st Century Mergers and Breakups

The pending split of Warner Bros. Discovery will be the third undone merger for the media giant since 2009.

Naveen Chopra Exits as Paramount Global CFO

Andrew Warren, a former Discovery CFO, is stepping in on an interim basis.

L.A. Film Office Warns Production Permits May Be Temporarily Denied Around Protest Areas

As demonstrations over immigration raids continue, FilmLA has advised creatives that areas in and around City Hall and federal buildings near Little Tokyo could be off-limits.

Disney to Pay Comcast an Additional $439 Million for Hulu Stake as Streaming Saga Comes to an End

The Bob Iger-run entertainment giant agreed to buy the 33 percent stake in Hulu in 2023; after an extended appraisal process, the deal is finally set to close.

At Banff, Media Leaders Debate AI as Job Killer

Gold House CEO Bing Chen told festival attendees artificial intelligence could displace and even replace young people entering the entertainment industry.

Sony Pictures TV Head Keith Le Goy Says Hollywood Is Too Risk-Averse

“Sometimes you need to run towards something which is a little bit scary,” Le Goy told the Banff World Media Festival.

David Zaslav Finally Cuts the Cord

The newest movie mogul has his feet up on Jack Warner’s desk this morning.

‘Beast Games’ Studio Blink49 Gets Strategic Investment From Bell Media

The production company, led by CEO John Morayniss, is already backed by Fifth Season, formerly Endeavor Content.

David Zaslav’s SpinCo: Warner Bros. Discovery CEO Outlines “Bold Choice” to Split Company

He and Gunnar Weidenfels detail the blockbuster unbundling of WBD: Decision "reflects our belief that each company will go further and faster apart than they can together."

“Majority” of Warner Bros. Discovery’s $37 Billion in Debt Will Be Spun Off With TV Networks, Its CEO Says

But “a not-insignificant portion” will remain with Streaming & Studios — and with David Zaslav.

Warner Bros. Discovery to Split Into Two: Streaming and Studios, Global Networks

Gunnar Wiedenfels, CFO of Warner Bros. Discovery, will serve as president and CEO of the networks business.

BFI Report Sets Out 9 Recommendations to Ensure “Ethical, Sustainable, Inclusive AI” Use

"AI in the Screen Sector: Perspectives and Paths Forward," designed to guide the U.K. to "capitalize on its creative strengths," mentions the post-production AI use on 'The Brutalist,' among others.