WarnerBros. Discovery eyeing further job cuts, price hike on streaming: report

WarnerBros. Discovery (WBD) leadership is looking to make further job reductions as a cost cutting measure, according to a new report.

WBD, which owns CNN, Max, TNT and a number of other media properties, is eyeing cuts to its budgets on streaming by hundreds of millions of dollars, Bloomberg reported.

The company also plans to raise pricing for subscriptions, the outlet reported.

“The company is focused on the long-term growth of the business overall, including Max...