Get the latest gossip
‘Joker 2’ Was ‘Disappointing,’ Warner Bros. Discovery CEO Admits, as Execs Pressed on Possible Breakup
Warner Bros. Discovery acknowledged that 'Joker 2' was disappointing even as analysts peppered the company with questions about a possible breakup
Discovery about the possibility of breaking up the troubled media conglomerate as executives tried to defend their vision of operating the home of CNN, the Warner Bros. studio and the Max streaming service for the longer term. Discovery also took a charge of more than $100 million tied to its games division, with executives noting that they would start to focus more intently on core franchises and cut back on the number of new releases. In comparison, Fox Corp., a smaller rival,,posted net income in the most recent quarter of $827 million, boosted by political advertising tied to the 2024 election that was its local stations.
Or read this on Variety
