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Disney appoints YouTube veteran Adam Smith as chief product and technology officer

Disney Entertainment and ESPN have a new chief technology and product officer, appointing longtime YouTube executive Adam Smith to the position on Thursday. Smith has been hired as chief product & technology officer for the entertainment and sports media businesses,…

Warner Bros. Discovery takes $9 billion in impairment charges on TV networks in second quarter

Warner Bros. Discovery took a $9.1 billion non-cash goodwill impairment charge for its linear television networking unit in the second quarter, acknowledging a sharp change in the value of its linear business, which continues to shrink amid broader declines in…