Warner Bros-Discovery News

(Reuters) — CNN's new CEO Mark Thompson plans to combine all newsgathering operations of the news network into one unit that would serve its television, streaming and digital platforms, the Wall Street Journal reported on Wednesday.

Investing.com — U.S. futures consolidated Friday, trading in tight ranges after the previous session’s dramatic Nvidia’s inspired rally.

The A24 biopic is centered around the following premise: «When teenager Priscilla Beaulieu encounters Elvis Presley at a party, the iconic rock 'n' roll superstar transforms into an entirely different persona in private moments: an exhilarating crush, a companion in solitude, and a tender best friend.»

White House on Friday condemned Elon Musk's endorsement of what it called a «hideous» antisemitic conspiracy theory on X, while major U.S. companies including Walt Disney Co, Warner Bros Discovery and NBCUniversal parent Comcast paused their advertisements on his social media site. Musk on Wednesday agreed with a post on X that falsely claimed Jewish people were stoking hatred against white people, saying the user who referenced the «Great Replacement» conspiracy theory was speaking «the actual truth.» That conspiracy theory holds that Jewish people and leftists are engineering the ethnic and cultural replacement of white populations with non-white immigrants that will lead to a «white genocide.» The White House accused Musk of an «abhorrent promotion of antisemitic and racist hate» that «runs against our core values as Americans.» «It is unacceptable to repeat the hideous lie… one month after the deadliest day for the Jewish people since the Holocaust,» White House spokesperson Andrew Bates said, referring to the Oct.

Warner Bros Discovery named Mark Thompson as CEO of CNN on Wednesday, tasking the former New York Times and BBC chief with reviving a news network beset by sagging ratings and falling profits.Thompson succeeds Chris Licht, who stepped down in June after a rocky one year at the helm that included a divisive town hall with former Republican U.S. President Donald Trump and the shutdown of CNN+ streaming service just weeks after its launch. With Thompson, 66, Warner Bros Discovery is turning to an executive with ample experience at the top level, unlike Licht — a former TV producer who had worked on «The Late Show With Stephen Colbert.» During his 8-year tenure as the CEO of the Times, Thompson helped transform the Gray Lady into a beacon for newspapers in the internet age by focusing on digital subscriptions. The Times' share price grew nearly five-fold in the period, widely outperforming the benchmark S&P 500 index. «Mark is a true innovator who has transformed for the digital age two of the world's most respected news organizations,» Warner Bros Discovery CEO David Zaslav said in a statement. A big focus area for Thompson is likely to be the recently announced round-the-clock news service called CNN Max, which will be available on Warner Bros Discovery's streaming platform. CNN Max is looking to capitalize on the immediacy of breaking news and analysis, differentiating it from CNN+, which featured lifestyle programs. The news network's ratings have been sagging, even as the company attempts to attract more Republican viewers. Its profit fell under $1 billion in 2022 and is expected to be modestly higher this year than last, at $938.6 million, according to data from S&P Global Market Intelligence.