DIS May 2024 120.000 put
| Previous close | 13.90 |
| Open | 14.00 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 120.00 |
| Expiry date | 2024-05-17 |
| Day's range | 13.90 - 14.75 |
| Contract range | N/A |
| Volume | |
| Open interest | 225 |
- Yahoo Finance Video
Warner Bros. Discovery history: Beyond the Ticker
Warner Bros. Discovery (WBD) – a company with deep roots in the entertainment industry for over a century – was only formed a short two years ago. Beyond the Ticker takes a deep dive into the media giant’s history, as it grapples with legacy media challenges and looks to build its streaming business into a serious industry player. 1923 Warner Brothers was founded on April 4, 1923, and quickly built itself into one of the Big Five American studios, alongside Universal Pictures (CMCSA), Paramount Pictures (PARA), Walt Disney Studios (DIS), and Sony Pictures (SONY). 1966 The Kinney National Company was formed. Its media division became Warner Communications. 1982-1985 Discovery was founded as the Cable Educational Network. The Discovery Channel launched soon after in 1985. 1990 Warner Communications was established as Time Warner, following a high-profile merger with Time Inc., that created the largest media company at the time. 1996 Time Warner purchased the Turner Broadcasting System in a $7.5 billion deal. That led to the acquisition of assets like HBO, Cinemax, Warner Bros. Studios, CNN, and Turner Sports. 2018 Time Warner was acquired by AT&T (T) for $85.4 billion. It was renamed WarnerMedia. 2022 The two companies officially merged after WarnerMedia was spun off by AT&T, joining forces with Discovery in a deal valued at $43 billion. Trading began on the Nasdaq on April 11, 2022, under the new ticker symbol WBD. Shares opened at $24.08 per share. 2023 The joint company’s first major project – the streaming launch of Max – offered content from Warner Bros., Discovery Channel, HBO, CNN, Cartoon Network, Animal Planet, and more. But despite various profitability hurdles, Warner Bros. Discovery is still aiming for a top spot in the ever-evolving entertainment industry – with investors awaiting its next wave of innovation. From tech giants to retail titans, Beyond the Ticker is a historical series that takes a deep dive into some of Wall Street's trending companies and how they transformed into the financial icons they are today. Check out more of our Beyond the Ticker series, and be sure to tune in to Yahoo Finance. Editor's note: This video was produced by Zach Faulds.
- Reuters
Doctor Who star Ncuti Gatwa says new series feels like 'a fresh era'
Ncuti Gatwa, the first Black actor to play the lead role in "Doctor Who", says its new series feels like "a fresh era" as the British sci-fi television show goes global. The much-loved BBC cult show will now also be streamed to audiences outside the United Kingdom in a new collaboration between the British broadcaster and Walt Disney Co's streaming service Disney+. The Rwandan-born Scottish actor, who shot to fame in Netflix show "Sex Education", plays the latest incarnation of the Time Lord in the new series, which also sees screenwriter and producer Russell T Davies return as showrunner.
BloombergWarner Bros. Discovery Plans Fresh Cost Cuts, Max Price Hike
(Bloomberg) -- Warner Bros. Discovery Inc. Chief Executive Officer David Zaslav has ordered his lieutenants to find additional opportunities for cost-cutting in order to hit financial targets for the next couple years, people with knowledge of the matter said.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorApple’s Tone-Deaf iPad Ad
