Media Industry Mourns Passing of Gerald Levin, Former Time Warner CEO
Former Time Warner CEO Gerald Levin, who engineered a disastrous mega-merger, has passed away at the age of 84. The news of Levin’s death was confirmed by his family on Wednesday.
Tag: warner
FuboTV Accuses Media Giants of Unfair Business Tactics in Lawsuit
FuboTV has recently filed a lawsuit against major media companies including Disney, Fox, Warner Bros., and others. The lawsuit alleges that these companies have engaged in anticompetitive practices that have harmed FuboTV’s ability to distribute its streaming services.
Warner Bros. Discovery Stock Downgraded by Wells Fargo due to Perceived ‘Risky Earnings Setup’
Warner Bros. Discovery, the recently formed media company resulting from the merger of WarnerMedia and Discovery, has received a major blow as Wells Fargo downgraded its stock. The financial institution cited concerns over what it described as a “risky earnings setup” for their decision.
