All Warner Bros. Discovery, Inc. articles
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Content & TV
BT-WBD’s TNT Sports remains Premier League football big spender
BT–Warner Bros. Discovery maintained its position as second fiddle to Sky in the provision of UK coverage of the Premier League, but OTT players retreat as Amazon’s sally into live English football draws to a close.
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Premium
BT Q1 FY23–24 Headlines: revenue boosted as price hikes pay off
Revenue up across every division; EBITDA follows suit in all but Business.
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Operations
T-Mobile taps advertising ‘pioneer’ to lead T-Ads biz expansion
Jean-Paul Colaco is appointed ‘Chief T-Ads Officer’, says Mike Katz. US NatCo has come under spotlight over data privacy practices.
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Premium
BT FY22-23 Headlines: good, bad, and plenty in between
Group relies on pro forma figures to find positives.
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Premium
BT calls for more ecosystem support for multicast
Telco, alongside sports media company DAZN, calls for more aid to fully transition to mABR.
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Financial & Performance
Q3 FY22–23: no frills at BT, but fireworks to come before the year’s up
BT’s Q3 reflects a troubled three months of inflationary pressures, union challenge, and heightened competition.
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Premium
Union “deeply concerned” over BT Sport redundancies
More than 200 BT Sport staff put at risk of redundancy following transfer to Warner Bros. Discovery.
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Premium
Elsewhere in BT Consumer: BT Sport customers get Discovery+ free of charge
BT Sport customers get Discovery+ free of charge
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Financial & Performance
BT to face continued BT Sport losses, despite new JV
New joint venture with Discovery estimated to reduce Group revenue by £300m−£350m for FY22−23, with £500m−£600m cut from future FYs.
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M&A
BT Sport enters “exciting new chapter” with Discovery merger
50:50 joint venture rubber‑stamped, combining assets of BT Sport and Eurosport UK.
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M&A
BT–Discovery merger gains regulatory approval
Competition and Markets Authority signs off on long-mooted 50:50 JV.
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Public Affairs
CMA investigates BT Sport over “suspected breaches” of competition law
UK Competition and Markets Authority launches probe into possible cartel-like behaviour among sports broadcasting arms of BT Group, IMG Media, ITV, and Sky.
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Premium
Vodafone sticks to TV guns despite subscriber declines
TV customer base in Germany fell by 309,000 in the past year.
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Premium
Discovery JV steps up BT’s phased exit from sport
High-profile 50:50 joint venture confirmed after twelve months of speculation regarding potential suitors for BT Sport.
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People
BT Sport boss exits ahead of Discovery merger
Simon Green, Head of BT Sport since its inception, set to leave this week. BT Sport evolving as it prepares for Discovery tie-up.
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Premium
Elsewhere in Vodafone Europe: territories added to WarnerMedia partnership
WarnerMedia partnership expanded; Vodafone Italy scopes out clean tech; Skodafone tie-up emerges in Ireland.
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M&A
Telefónica mulls Movistar Plus+ options as Vivendi circles
Vivendi reportedly interested in buying part of Movistar Plus+. French media group seeking approval to increase Prisa stake to 29.9%. Telefónica seeking advice as pay-TV customers drain away in Spain.
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M&A
Discovery JV: BT Sport to be unbundled from BT
Another twist to the tale as BT and Discovery enter exclusive discussions. Jansen indicates agreement encompasses Eurosport UK and ‘Discovery app’, hinting at sports content tie-up; says deal has “no downsides”. The move could be a huge blow to DAZN, which appeared to have secured an $800m buyout.
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Financial & Performance
BT Q3: king of a still-wobbly hill
Corporate weakness postpones recovery, with BT Global recuperating and BT Enterprise still in surgery. Rational rivals embraced, but warned of “Armageddon scenario”, with Sky current BFF. Discovery tie-up a win-win for BT Sport (but what about for BT itself?). Openreach charges on, hitting new records for FTTP connections and ...
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Premium
BT Q3 FY21–22 Guidance: positives to come, but later than promised
Revenue down 2% for the year, but growth anticipated from Q1 FY22–23. All things point up, but large corporates at Enterprise and Global need turnaround to avoid continued struggles. Discovery tie-up a win–win for BT Sport (and maybe for Sky, but what about for BT itself?).