Warner Bros. urges investors to reject Paramount bid
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The Standard General hedge fund co-founder Soo Kim has held talks over buying into Warner Bros. Discovery (WBD)’s TV networks, according to the Financial Times. Citing people briefed on the matter, the article reported that Kim had been approached by “at least one” WBD shareholder about acquiring some or all of the cable TV assets,
Warner Bros. Discovery’s U.S. Networks division has promoted Discovery Channel’s Joseph Boyle and TLC’s Alon Orstein to the networks’ heads of content. The pair previously served as the respective networks’ senior vice presidents of production and development.