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Discovery Inc.

Johnny Depp’s Lawyer Camille Vasquez to Appear in ‘Johnny vs. Amber’ Doc Series Sequel for Discovery+

Discovery+ U.K. has landed two of the most high-profile legal figures involved in the Johnny Depp vs. Amber Heard defamation trial for its next docuseries about the court battles between the former married couple. Camille Vasquez and Benjamin G. Chew, who represented Depp, are set to appear in the second series of Johnny vs. Amber, […]

Warner Bros. Discovery, BT Strike Deal for U.K. Sports Joint Venture

Warner Bros. Discovery and British telecom giant BT Group have wrapped deal talks and will merge their sports media units BT Sport and Eurosport in the U.K. and Ireland in a 50/50 joint venture. JB Perrette, CEO and president, global streaming and interactive at Warner Bros. Discovery, signaled that a long-running HBO content output relationship […]

Discovery Hit 24M Streaming Subscribers at End of March Before WarnerMedia Merger

Before its merger with WarnerMedia that created new entertainment powerhouse Warner Bros. Discovery earlier in April, Discovery, led by CEO David Zaslav, reached 24 million streaming subscribers worldwide to its direct-to-consumer services, including Discovery+, as of the end March. That was up from 22 million at end of 2021 and 20 million as of Sept. […]

HBO Max and HBO Hit 76.8M Global Subs, and 48.6M in U.S., in Final AT&T Disclosure

HBO and its HBO Max streaming service ended March with 76.8 million global subscribers, an increase of 3 million after hitting 73.8 million subscribers as of the end of 2021. Telecom giant AT&T disclosed the user gains — which marked a contrast to Netflix’s subscriber loss in the first quarter that led Wall Street analysts […]

Jon Steinlauf to Lead Ad Sales for Warner Bros. Discovery

Warner Bros. Discovery continues to outline its top executive ranks ahead of its expected merger. On Friday the company said that Jon Steinlauf will oversee advertising sales for the combined company. Steinauf will report to Bruce Campbell, future chief revenue and strategy officer for Warner Bros. Discovery. Steinlauf, like Campbell, is a Discovery veteran, having […]

David Zaslav Names His Top Warner Bros. Discovery Executives

With the $43 billion Warner Bros. Discovery megamerger about to be completed, CEO David Zaslav has unveiled more key executive appointments for the combined company. The industry veteran confirmed that trusted, longtime Discovery top executives will take on key jobs at the merged conglomerate, while WarnerMedia-side entertainment leaders Casey Bloys (HBO and HBO Max), Channing […]

WarnerMedia CEO Jason Kilar Exiting When Discovery Deal Closes

WarnerMedia CEO Jason Kilar will depart as the AT&T entertainment unit’s merger with Discovery closes. “With the pending transaction with Discovery nearing close, now is the right time to share with each of you that I will be departing this amazing company,” Kilar wrote in an internal memo to staff on Tuesday. “There are many […]

AT&T CEO John Stankey’s Pay Rises to $24.8M in 2021

AT&T CEO John Stankey made $24.8 million in 2021, compared with $21 million in 2020 and $22.5 million in 2019, according to the company’s filing with the Securities and Exchange Commission unveiled on Tuesday. Stankey received a base salary of $2.4 million last year, compared to $2.05 million in 2020. His stock awards in 2021 […]

AT&T Names Warner Bros. Discovery Board Appointees, Including Ex-BET Chief Debra Lee

Telecom giant AT&T has named its seven board directors for Warner Bros. Discovery, a key step as its spins off WarnerMedia to merge with Discovery. The seven directors chosen by AT&T — with Discovery Inc. set to appoint six directors of its own to the new company’s board — include former BET Networks chair and […]

Discovery CEO David Zaslav’s 2021 Pay Package Soars to $246M Ahead of WarnerMedia Merger

The value of Discovery Inc. CEO David Zaslav’s 2021 compensation package soared to $246 million, an enormous jump compared with $37.7 million in 2020 and $45.8 million in 2019. The company disclosed the compensation for Zaslav and other senior executives in a regulatory filing Monday. In May of 2021, Zaslav signed a new employment contract […]

AT&T Chose WarnerMedia Spinoff for Discovery Merger to Avoid Discounting Stock, CFO Says

Telecom giant AT&T chose to spin off, rather than split off, WarnerMedia in a key step of the entertainment unit’s merger with Discovery to avoid having to “really discount” the merged Warner Bros. Discovery’s stock, AT&T CFO Pascal Desroches told investors Monday. The executive also told the Deutsche Bank Media, Internet & Telecom Conference in […]

HBO Max, Discovery+ to Combine for “Blowout” Product, CFO Says

Discovery CFO Gunnar Wiedenfels says the megamerger of Discovery and WarnerMedia — with an eventual combination of the Discovery+ and HBO Max streaming services — is on track for a mid-2022 closing. “We’re in the ninth inning right now, in closing that transaction,” Wiedenfels told the Deutsche Bank Annual Media, Internet & Telecom Conference during […]