News
Major streaming merger between Warner Media and Discovery comes to a close
A long awaited streaming merger between Warner Media and Discovery has now closed
The multi-million dollar deal is all part of plans to create a top-scale media empire and streaming contender.
The merger will also seperate Warner Media from its current corporate parent AT&T telecom, which currently owns Warner.
The current CEO of WarnerMedia is now set to resign however remains confident in the company’s future, telling CNBC that “the consumer always gets to make the decision” and that decisions are made based on changing consumer needs.
AT&T’s statement:
Warner Bros. Discovery will create and distribute the world’s most differentiated and complete portfolio of content, brands and franchises across television, film and streaming. The new company combines WarnerMedia’s premium entertainment, sports and news assets with Discovery’s leading non-fiction and international entertainment and sports businesses, including Discovery Channel, discovery+, Warner Bros. Entertainment, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies and others.
Executives are excited that the transaction is now complete.
“Today’s announcement marks an exciting milestone not just for Warner Bros. Discovery but for our shareholders, our distributors, our advertisers, our creative partners and, most importantly, consumers globally,” Said David Zaslav, Warner Bros Discovery new CEO
Executives from Discovery are set to hold a media conference this week to explain how the merger will impact consumers.
News
Global EV shake-up: Australia slows, China surges, Lexus teases supercar
Australia’s EV market slows, sales below 100,000; Costello discusses barriers and climate goals in latest Ticker episode.
Australia’s EV market slows, sales below 100,000; Costello discusses barriers and climate goals in latest Ticker episode.
Australia’s electric vehicle market is facing a slowdown, with sales struggling to hit the 100,000 mark this year.
Mike Costello from Cox Automotive breaks down the key barriers slowing adoption and explains whether current growth is enough to meet the country’s climate goals.
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#EVNews #ElectricCars #AustraliaEV #ChinaEV #LexusLFA #Zeekr7X #SustainableTransport #EVMarket
News
Elon Musk’s X hit with EU fine: Digital Services Act showdown
EU fines Elon Musk’s platform X €120 million for DSA violations, highlighting tech scrutiny and potential regulatory clashes.
EU fines Elon Musk’s platform X €120 million for DSA violations, highlighting tech scrutiny and potential regulatory clashes.
In a landmark ruling, the European Union has imposed a €120 million fine on Elon Musk’s social media platform X, citing violations of new digital regulations under the Digital Services Act (DSA). This fine underscores the EU’s increasing scrutiny of tech giants and sets the stage for a potential clash between Elon Musk, the European Commission, and even political figures like former President Trump.
Chris Berg from RMIT University joins us to break down the reasons behind the fine, including X’s controversial handling of the blue tick verification system, and what this means for transparency and user rights on digital platforms.
We also explore the broader implications of this ruling for other tech platforms like TikTok and how the EU is asserting its regulatory authority on an international stage.
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#ElonMusk #XPlatform #EURegulations #DigitalServicesAct #TechNews #SocialMediaLaw #ChrisBerg #TickerNews
Lando Norris secures his first F1 World Championship at Abu Dhabi, becoming Britain’s 11th World Champion with 423 points.
Lando Norris has clinched his maiden Formula 1 World Championship after an electrifying finale at the Abu Dhabi Grand Prix. In a race packed with tension, Norris held onto third place — the exact result he needed to secure the title.
His performance not only sealed his first championship but also cemented him as Britain’s 11th F1 World Champion, marking a historic moment for McLaren and the sport.
Norris closed out the season with 423 points, marking a defining milestone in his career.
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#Formula1 #F1News #LandoNorris #MaxVerstappen #OscarPiastri #AbuDhabiGP #McLarenF1 #TickerNews
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