The Communication Services Select Sector SPDR ETF (NYSEARCA:XLC) ended the week lower by 1.7%, tracking losses in the broader market, as the S&P 500 index (S&P 500) slipped 1.1%. Media and entertainment company Warner Bros.

The JJ Abrams and Ta-Nehisi Coates Black Superman project was too woke for David Zaslav, so it might be done for permanently.

James Gunn’s Superman debuts with $123M, earning strong reviews and audience scores while outperforming expectations.

Creative control of Turner Classic Movies will stay with David Zaslav's studios group as Warner Bros. Discovery prepares to split in half.

Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming service and Warner Bros. studio, and the other around CNN and other television networks.

Warner Bros. Discovery's planned split will separate streaming/content from linear assets, hopefully unlocking value. Read why WBD stock is a Buy.

Warner Bros. dropped the Black Superman movie after years of buzz—but could DC’s Elseworlds label still save it?

Credit ratings agency Fitch Ratings on Wednesday downgraded Warner Bros Discovery to junk status following the company's announced split-up earlier this week, as investors weigh the deal's likely impact on holders of its debt.

The Warner Bros. television and film business once made $3 billion a year — last year, it made $1.7 billion. AT&T paid more than $100 billion for Time Warner.

Jon M. Chu is set to direct a live-action 'Hot Wheels' movie for Mattel, Warner Bros. and Bad Robot, Deadline can exclusively reveal.