Discovery execs, attuning commentary around recent investor sentiment on streaming, reassured investors this morning that they will not overspend on content as the company merges with WarnerMedia early in the second quarter.
09.02.2022 - 17:55 / variety.com
Brian Steinberg Senior TV EditorAT&T and Discovery have gained clearance for their much-anticipated deal to spin off WarnerMedia so it can merge with Discovery, a deal that has already been approved in Europe. The approval of Discovery shareholders is the last barrier to the deal moving forward.The companies disclosed the matter in two different filings Wednesday with the U.S.
Securities and Exchange Commission. The transaction is still expected to close in the second quarter.“The HSR Act statutory waiting period has expired or otherwise been terminated, and any agreement not to consummate the transaction between the parties and the Federal Trade Commission or the Antitrust Division of the United States Department of Justice or any other applicable governmental entity, has also expired or otherwise been terminated,” AT&T and Discovery each said in their respective filings.
The European Commission approved the deal in December.AT&T shareholders are not required to sign off on the pact. Last week, AT&T announced that its board has decided to spin off the telco’s interest in WarnerMedia — rather than structure the media conglom’s divestiture as a split-off.Under the pact, Discovery will gain control of WarnerMedia, adding the Warner Brothers studio, the TNT and TBS cable networks, CNN and HBO to its stable.
The new merged company will be called Warner Bros. Discovery and extends the reach of its CEO, Discovery’s David Zaslav, much further into the world of U.S.
sports, news and entertainment. Discovery has primarily focused on unscripted programming, but it will soon have oversight of everything from NBA basketball broadcasts to HBO favorites like “Last Week Tonight With John Oliver.” Investors remain curious about the
.Discovery execs, attuning commentary around recent investor sentiment on streaming, reassured investors this morning that they will not overspend on content as the company merges with WarnerMedia early in the second quarter.
EXCLUSIVE: Olatunde Osunsanmi, director/executive producer of Star Trek: Discovery, has signed a multi-year overall deal with the studio behind the flagship Star Trek Universe series, CBS Studios.
Jennifer Maas TV Business WriterAT&T and Discovery are expecting to close Discovery’s acquisition of WarnerMedia to create new company Warner Bros. Discovery as early as mid-April, Variety has learned.According to two people familiar with the matter, with Discovery’s shareholder vote on the deal — which has already received regulatory approval from the DOJ — set for March 11, the two companies are preparing for a close between April 11-April 28.
Vanessa Bryant was one of the many celebrities in Cleveland this weekend for NBA All-Star weekend. The late Kobe Bryant was honored at the game at the Rocket Mortgage Fieldhouse, and Vanessa presented a special award in honor of her late husband and their daughter Gianna Byrant. During halftime, Michael Jordan who was like a brother to Kobe, shared a special moment with Vanessa, as they smiled, chatted, and shared a sweet hug.
Megan Fox isn't Machine Gun Kelly's wife just yet. The engaged pair stepped out for the 2022 NBA All-Star Game in Cleveland, Ohio, over the weekend, and the announcer mistakenly said they were married while introducing the famous couple.«Please welcome Machine Gun Kelly and his wife, actress Megan Fox,» the announcer said, prompting Fox to laugh and turn toward her fiancé.While Fox, 35, covered her mouth as she spoke to MGK, 31, it appeared that she stated, «I'm not your wife yet.»A post shared by SportsCenter (@sportscenter)Fox and MGK got engaged in January after more than a year of dating, just before her divorce from Brian Austin Green was made official.«He doesn't have any lingering romantic feelings for Megan or any anger,» a source told ET of Green following Fox's engagement. «Brian is happy for her, but it really isn't affecting him one way or the other.
Adele is saying hello from the sideline. On Sunday, the singing superstar was one of the many famous faces sitting courtside for the 2022 NBA All-Star Game in Cleveland, Ohio. The event doubled as a date night for the performer, who is in the process of rescheduling her Las Vegas residency. She and boyfriend Rich Paul were seated together, Adele unmissable in a leopard-print statement coat.
Gino D'Acampo has taken to Instagram to celebrate a very special occasion.MORE: See 10 rare photos of chef Gino D'Acampo's three childrenThe celebrity chef – a proud father of three – proudly marked his son Rocco's birthday on Monday, as he opened up the family photo album.WATCH: Gino D'Acampo snaps at Holly Willoughby in awkward This Morning momentGino, 45, shared two photos, including one throwback image which showed him throwing his then-toddler up into the air as he stood in the sea. The second snapshot was taken more recently and shows father and son together in the kitchen.READ: Gino D'Acampo's troubled past led him to get married - detailsMORE: Gino D'Acampo's mountainous home with wife Jessica is the perfect family retreatHe wrote in the caption: "Happy Birthday to my boy @roccodacampo … I remember when I used to be able to throw you in the air, now, you're taller than me…!"A post shared by Gino D’Acampo (@iamginodacampo)Gino shared two family photos in celebration of Rocco's birthdayGino, 45, has been married to wife Jessica since 2002, and together they share three children – Luciano, 19, Rocco, 17, and eight-year-old daughter Mia.READ: Gino D'Acampo sets record straight about 'restaurant liquidation' and reveals exciting newsMORE: Gino D'Acampo shares photos of rarely seen family members In a recent interview with HELLO!, he spoke about his children and the fact that his eldest son has followed his footsteps into the professional kitchen.
Is THIS the way we find out Megan Fox and Machine Gun Kelly tied the knot?
EXCLUSIVE: Filming has begun in Canada on New Regency-backed fencing thriller Balestra, which will be produced as a feature with an alternate version to be released separately as a limited series.
UPDATE: HBO Max has officially announced Season 2 of “Peacemaker,” so it is now confirmed. The original post follows… As “Peacemaker” wraps up its first season on HBO Max, it seems like only a matter of time before we get official word about Season 2.
above and the poster below. The film will be released exclusively on Disney+ on May 20, 2022.“Chip ‘n Dale: Rescue Rangers” stars John Mulaney (“Saturday Night Live”) as Chip, Andy Samberg (“Palm Springs”) as Dale and KiKi Layne (“If Beale Street Could Talk”). Also joining the cast are Will Arnett (“Arrested Development”), Eric Bana (“Dirty John”), Flula Borg (“Pitch Perfect 2”), Dennis Haysbert (“24”), Keegan-Michael Key (“Schmigadoon!”), Tress MacNeille (“The Simpsons”), Tim Robinson (“I Think You Should Leave”), Seth Rogen (“Pam and Tommy”), J.K.
Brian Steinberg Senior TV EditorNBCUniversal wants to add an interesting new story to Jenna Bush Hager’s “Today” book club.For nearly four years, the co-host of the 10 a.m. hour of “Today” has chosen a book each month for members of her “Read with Jenna” club to peruse and discuss.
Todd Spangler NY Digital EditorDiscovery investors will be asked to approve the $43 billion deal to combine with WarnerMedia, which AT&T is spinning off, at a March 11 virtual meeting.Discovery announced the date in a letter to shareholders, which it disclosed in an SEC filing Thursday. On that same day, AT&T has scheduled a virtual investor conference where the company said it will provide “additional insight and expectations for financial and operational performance of AT&T’s Communications segment” following the close of the WarnerMedia transaction.The pact cleared a major hurdle this week after U.S.
Gino D'Acampo has taken to Instagram to pose a personal question to fans – and it proved particularly divisive!MORE: Gino D'Acampo reveals why he never celebrates Valentine's Day with wife JessicaThe This Morning star shared two photos of himself, side by side; one saw Gino with facial stubble and the second, with a fuller beard.WATCH: Gino D'Acampo has the sweetest surprise for wife Jessica!He wrote in the caption: "To beard, or not to beard, that is the question… GDx."READ: Gino D'Acampo breaks silence after restaurant chain goes into liquidationMORE: Gino D'Acampo's stunning homes are like museums - see insideFans were torn. "No beard just stubble," one urged, and a second echoed: "Definitely no beard……it ages men!" Gino divided his fans with his questionHowever, a third admitted: "I much prefer clean shaven!" while a fourth told the star: "Definitely beard!" Another follower concluded: "Slimmer with, younger without.
The merger of AT&T’s WarnerMedia and Discovery has cleared U.S. regulators, the companies announced Wed., in the last major hurdle for the $43-billion deal.
Brian Steinberg Senior TV EditorEver since Jeff Zucker seized the reins at CNN in early 2013, the cable-news network has been one of loudest voices in media circles. Now, even though Discovery didn’t push the executive out, there’s a sense the company will, after it buys CNN along with the rest of WarnerMedia, look to turn down the volume.In the Zucker era, CNN became more swashbuckling, more colorful, and indeed, more opinionated than it ever was under the aegis of its founder Ted Turner, or his successors at the former Time Warner. CNN went from delivering headlines to being in the headlines.
The Anglican Church of Ghana has taken a small step back from its previously unfettered support for the country’s appalling anti-LGBTQI+ bill.
Megan Fox is supporting fiance Machine Gun Kelly at his big performance!
ESPN's return to broadcasting NHL games has generated plenty of fanfare, but not a lot of games on either ESPN or ABC. That begins to change this weekend.Saturday's All-Star Game from Las Vegas will be on ABC, and marks the beginning of ESPN ramping up its coverage for the second half of the season. ESPN will have 11 games starting later this month, while ABC's regular-season package of Saturday games begins on Feb.