Plus Icon
Brian Steinberg
Senior TV Editor
bristei See All
Getty Images Warner Bros. Discovery‘s deal to be acquired by Paramount Skydance is supposed to create a behemoth of a company that includes everything from the CBS television network to the “Lord of the Rings” franchise. But as Aragorn said in that massive epic, today is not that day.
A large financial obligation tied to dealings with Paramount overwhelmed robust performance at Warner Bros. Discovery’s streaming and studios operations, leading the company to post a first quarter loss.
Related Stories
