Paramount Skydance just said Warner Bros. Discovery's TV assets are worth nothing, even though it wants to buy them.

The spotlight is on crown jewels HBO, studios, the Warner Bros. film vault and DC Comics – but the fate of Warner Bros. Discovery could rest on the value of its much-maligned cable TV portfolio. Discovery Global Networks, the corporate division that ...

Something's got to give - as seen with Versant Media Group, the spinoff company of Comcast Corp., on the first day trading as a public company. It closed down 13% to $40.57.

Paramount Skydance is exploring bringing on a strategic partner for MTV as it looks to reinvent the cable brand for a digital future, according to Bloomberg. The outlet reports that the media giant has hired financial advisors to identify a strategic partner that would invest money in the network and offer additional assistance,

After Paramount Skydance’s across-the-board layoffs last week, TV Media chair George Cheeks unveiled a new leadership structure for the company’s cable brands. Cheeks, in a memo sent Tuesday to staffers that was obtained by Variety, said the goal for ...