Hepsiburada Partners with Warner Bros. Discovery via BluTV Collaboration

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Disney, Warner Bros launch ad-free streaming bundle for $30/month

July 25, 2024 10:29 AM EDT

Walt Disney (NYSE: DIS) and Warner Bros. Discovery (NASDAQ: WBD) have joined forces to offer a new streaming bundle combining Disney+, Hulu, and Max.

The companies said in a press release on Thursday that the package, available now, aims to provide consumers with a vast... More

Warner Bros. Discovery downgraded by Macquarie as NBA rejects matching bid for rights

July 25, 2024 8:39 AM EDT

Warner Bros. Discovery (NASDAQ: WBD) has been downgraded from Outperform to Neutral with a $9 price target by Macquarie analysts following the NBA's decision to reject WBD's matching bid for broadcast rights.

The firm deemed the NBA rights crucial to the future success of WBD's Max streaming service and now believes their loss could accelerate the downturn in WBD's linear networks.

Macquarie expressed significant concern over the implications of this... More