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Warner Bros. Discovery plans major corporate split

Warner Bros. Discovery to split into two public companies, separating Streaming and Studios from Global Networks by next year.

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Warner Bros. Discovery to split into two public companies, separating Streaming and Studios from Global Networks by next year.

In Short:
Warner Bros. Discovery plans to split into two public companies by next year, one focusing on movies and streaming, and the other on traditional TV networks. David Zaslav will lead the streaming entity, while CFO Gunnar Wiedenfels will become CEO of the networks company.

Warner Bros. Discovery has announced plans to split its media operations into two separate public companies by next year.

The restructuring will create one entity focused on movie and streaming services, including HBO Max, and another for traditional television networks such as CNN and TBS.

The new company, Streaming and Studios, will encompass the movie properties alongside HBO Max, while the second entity, Global Networks, will manage CNN, TNT Sports, and Discovery, among others.

New company structure

David Zaslav, the current CEO, will lead the Streaming and Studios company. Gunnar Wiedenfels, the current CFO, is set to become CEO of Global Networks.

Shares of Warner Bros. Discovery were suspended during extended trading on Monday morning.

Zaslav has faced criticism regarding his leadership decisions at CNN, leading to speculation that some staff may welcome his transition away from that position.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Bitcoin rally raises sustainability fears

Bitcoin surges past $124K, gaining $1,300 in 24 hours, but analysts warn of fading momentum amid weakening network activity.

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Bitcoin surges past $124K, gaining $1,300 in 24 hours, but analysts warn of fading momentum amid weakening network activity.


Bitcoin has surged past $124,000, adding more than $1,300 in just 24 hours, one of its strongest rallies this quarter.

But analysts warn the momentum could be fading, as on-chain data shows network activity weakening despite rising prices.

#bitcoin #money #bitcoinsurge #tickernews


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New Ticker TV show The Connector launches to bridge Australia-UK

Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK ties through insightful conversations

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Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK ties through insightful conversations

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In Short:
– Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK opportunities through dialogue.
– It comes as Prime Minister Albanese promotes strong ties with London, emphasising cultural and economic connections between the nations.
Ticker Studios launches The Connector, hosted by Belinda Coates, facilitating Australia-UK opportunities through dialogue.
The new show highlights leaders and ideas enhancing connections between the two nations during a pivotal period.It comes as Prime Minister Anthony Albanese’s efforts to strengthen ties with London underline the partnership’s commercial and cultural importance. With 1.1 million UK-born residents in Australia and A$4.2 trillion in superannuation funds invested in UK infrastructure, these connections grow increasingly vital.

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Belinda Coates brings extensive experience in executive and advisory roles across various sectors. She is driven to reshape industries and create opportunities on both sides of the world.

Ahron Young, CEO of Ticker Studios, stated that now is the ideal time to highlight the talent and capital flowing between Australia and the UK. The Connector aims to spotlight innovators and changemakers bridging industries and borders.

“With so much talent and capital flowing between Australia and the UK, this is exactly the right time to tell these stories. The Connector will spotlight the innovators, leaders, and change-makers building bridges across industries and borders.”

Focus on people

Coates explained the programme’s focus on people, showcasing visionaries shaping the future and exploring collaboration’s role in generating opportunities. The show aims to inspire with stories highlighting resilience, growth, and ambition.

“This show isn’t about dry trade figures or policy—it’s about people. We’ll showcase the visionaries shaping the future in both countries, explore how collaboration sparks opportunity, and inspire audiences with stories of resilience, growth, and shared ambition.”

The Connector will debut on Ticker’s global streaming network this month, with new episodes released weekly. It will feature guest experts from various sectors, addressing relevant topics like housing affordability and building stock revitalisation.


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Big tech’s influence on copyright threatens Australian creators

Michael Miller warns AI’s data exploitation may harm journalists’ rights, reminiscent of past tech threats to Australian media. #bigtech #ai

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Michael Miller warns AI’s data exploitation may harm journalists’ rights, reminiscent of past tech threats to Australian media. #bigtech #ai


News Corp Australasia’s executive chairman, Michael Miller warns that the ambition of AI companies to exploit data without fair compensation may undermine the rights of journalists and artists.

The approach of major tech companies during the digital revolution could resurface, threatening Australian media and content creators if copyright laws are eased.

 


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