Hollywood Inc.
Investors cheered the news that Warner Bros. Discovery planned to separate its cable channels, except for HBO, into a separate unit.
Parsons was named chief executive officer of AOL Time Warner in 2002 after the $124-billion merger of the dial-up internet provider and the largest entertainment and media company started to fall apart.
Warner Bros. Discovery reaches an agreement for Comcast Corp. to continue carrying its cable channels, including HBO, TNT, CNN and Animal Planet.
Music
Brown’s suit, filed Tuesday in Los Angeles Superior Court, seeks $500 million from Warner Bros. Discovery and production company Ample Entertainment.
The move comes as the Warner film studio faces pressure to increase its profitability. The exiting executives, Josh Goldstine and Andrew Cripps, were not in charge of picking movies.
Business
Warner Bros. Discovery Inc., the parent of the Max streaming service, gained more subscribers than expected in the third quarter, suggesting its online business is picking up.
Warner Music Group has acquired a controlling stake in Tempo Music, the owner of a catalog of song rights spanning recordings by Bruno Mars, Adele and Wiz Khalifa.
Opinion
In Pacific Palisades, few residents have been allowed into the area to search for pets. Nonprofit animal welfare groups have also, generally, not been allowed to search.
Awards
Growing up in the rural South, Aunjanue Ellis-Taylor never expected to be an actor, but she got herself to NYU and found her way to become an awards-season mainstay.
Investors are calling foul over Warner Bros. Discovery’s loss of its NBA media rights deal.