QUARTERLY REPORT

Warner Bros. Discovery Q4 Hit By Softer Advertising, Strike Impact But Losses Narrow

Warner Bros. Discovery saw revenue dip but losses narrow in the last quarter of 2023. Free cash flow grew — a key metric that allows the David Zaslav-led media giant to continue chipping away at its hefty debt, which it is doing. Revenue of close to $10.3 billion compared with $11 billion the year before, down 7%.

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Cable Trade Groups Take FCC To Court Over Digital Discrimination Rules

Cable-affiliated internet service providers (ISPs) are challenging new federal digital discrimination rules in federal court in Washington, the second major legal case to target the rules. The suit was filed Friday in the U.S. Court of Appeals for the District of Columbia Circuit by NCTA - The Internet & Television Association and ACA Connects, which combined represent hundreds of broadband ISPs, the vast majority of them small.

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New Sports Streamer Dials Up Anxieties For Local Broadcasters

Top station group executives see deeper fragmentation and more strain on the network-affiliate relationship as upshots of a new joint venture sports streaming service announced earlier this month by Fox Corp., Warner Bros. Discovery and Disney. This story is available to TVNewsCheck Plus subscribers only. Become a subscriber here.

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Sandra Perez Promoted To News Director At KSTS, Telemundo 48

For the past 10 years, Sandra Perez has been a presence in the newsroom at KSTS, serving in various capacities, including assistant news director, managing editor, senior producer and morning content producer.

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New Jobs Posted To TVNewsCheck

New jobs posted to TVNewsCheck’s Media Job Center include an opening for a senior director of sports. Other existing jobs include openings for Sinclair’s corporate engineering team, Hearst’s national consumer unit, Lockwood’s station in Augusta, Nexstar’s Houston station, Hearst’s Louisville station and a SVP at Nexstar’s corporate office.

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