James Dolan plans to follow the yellow brick road to increase profits at the Las Vegas Strip, The Post has learned. The state-of-the-art concert venue, with its unparalleled views and haptic seating, is close to a deal with Warner Bros. Discovery to adapt the 1939 classic “The Wizard of Oz” …
Read More »Warner Bros. Discovery cuts value of TV assets by $9 billion: ‘the final nail in the coffin’
Warner Bros. Discovery said on Wednesday it wrote down the value of its television assets due to uncertainty over fees from cable and satellite distributors and sports rights renewals, sending its shares down nearly 10% in extended trading. The film and entertainment studio, which owns sports network TNT and streaming …
Read More »Cartoon Network website goes dark amid Warner Bros. moves Discovery to reduce costs
Cash-bleeding media giant Warner Bros. Discovery, pulled the plug on Cartoon Network’s website. The David Zaslav-led company — which on Wednesday reported a huge net loss of nearly $10 billion, driven by a stunning $9.1 billion write-down for a decline in the value of its cable TV networks — redirected …
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