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As CEO and chairman, David Ellison has signed big deals for talent and content as part of his plan to invest in the entertainment company.

Warner Bros. Discovery stock is up 20% after report Paramount Skydance is preparing a takeover bid

Former Milwaukee Bucks owner Marc Lasry told CNBC he doesn't believe L.A. Clippers owner Steve Ballmer would knowingly break NBA rules around the salary cap.

Netflix announced an update Wednesday to its "Moments" feature, now allowing viewers to choose a start and end point to save, rewatch and share clips.

Gunnar Wiedenfels is the chief financial officer of Warner Bros. Discovery and the CEO-elect of Discovery Global, one half of the soon-to-be-split company.