Warner Bros. Discovery eyeing further job cuts, price hike on streaming: Report

The Hill

Center

High Factuality

Media Conglomerate: Nexstar Media Group

Warner Bros. Discovery eyeing further job cuts, price hike on streaming: Report

Warner Bros. Discovery (WBD) leadership is looking to make further job reductions as a cost-cutting measure, according to a new report. WBD, which owns CNN, Max, TNT and a number of other media properties, is eyeing cuts to its budgets on streaming by hundreds of millions of dollars, Bloomberg reported. The company also plans to…

Benzinga

Center

High Factuality

Warner Bros. Discovery Likely To Report Narrower Q1 Loss; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Warner Bros. Discovery (NASDAQ:WBD)

Bloomberg

Lean Left

Mixed Factuality

Individual: Michael Bloomberg

Private Equity: The Vanguard Group

Warner Bros. Discovery Plans Fresh Cost Cuts, Hike in Max Price

Warner Bros. Discovery Inc. Chief Executive Officer David Zaslav has ordered his lieutenants to find additional opportunities for cost-cutting in order to hit financial targets for the next couple years, people with knowledge of the matter said.

Star Advertiser

Center

High Factuality

Private Equity: Torstar

Individual: David Black

Report: Warner Bros Discovery plans new cost cuts, hike in Max price | Honolulu Star-Advertiser

Warner Bros Discovery is looking at additional opportunities for cost-cutting and raising prices for its Max streaming platform, Bloomberg News reported today, citing people with knowledge of the matter.

WTVB

Center

Media Conglomerate: Midwest Communications

Warner Bros Discovery plans new cost cuts, hike in Max price, Bloomberg News reports

(Reuters) -Warner Bros Discovery is looking at additional opportunities for cost-cutting and raising prices for its Max streaming platform, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. The cost-cutting plans could include possible layoffs at the media company which has already eliminated more than 2,000 positions over the past year, according to the report. The company’s streaming business, which includes Max…