Four years ago, David Zaslav clinched a debt-heavy deal to merge cable mainstay Discovery Inc. — which he’d run since 2006 — ...

NBCUniversal and Warner Bros. Discovery are racing to offload their ailing linear TV channels. But just one of the new ...

Warner Bros. Discovery Inc.'s plan to spin off television channels like CNN, TNT and Food Network from its studio and streaming businesses is causing angst in the bond market, with a big selloff ...

The studio and cable conglomerate that David Zaslav created couldn’t overcome outside forces and massive debt.

More pressing for investors is the need to reconcile Newsmax's lofty valuation. With a current $1.7 billion market ...

A recent round of layoffs at Paramount has affected 3.5% of the company’s US teams, with more cuts still on the table in the ...

The S&P/ASX 200 is set to extend its record-breaking streak, while US stock struggled amid a re-escalation in Middle East ...

Iger emphasized the continued value of the broadcast and cable channels, citing revenue from advertising and subscriber fees.