Warner Bros. Discovery

Embattled CEO could not survive the controversies that marked his 13 month term

Also creates a dedicated Client Partnerships and Inclusive Solutions Team to help advertisers build custom solutions that resonate with multicultural audiences

Direct-to-consumer segment showed positive EBITDA of $50M in Q1 a major turnaround from negative $654M EBITDA a year ago

The Max streaming service with HBO and Discovery content will launch May 23

Four Democratic lawmakers have asked the DoJ to “investigate the state of competition” in labor and consumer markets impacted by the deal

National advertising clients and partners will have the option of using alternative currencies for the 2023-2024 Upfront season

Global direct-to-consumer subscribers grew by only 1.1M to 96.1M in Q4 as WBD's total revenue declined and losses grew

Annual Broadcasting Engineering and IT conference to take place April 15-18

The deal also includes 225+ AVOD titles totaling over 2,000 hours of content