Warner Bros. Discovery Buys Minority Stake in Dubai-Based OSN Streaming

MT Newswires Live

03-24

Warner Bros. Discovery (WBD) said Monday it has made a minority investment in Dubai-based OSN Streaming.

Details of the investment were not disclosed.

The transaction will take place in stages and is subject to customary requirements, the entertainment giant added.

Bloomberg reported that Warner Bros. will pay $57 million for about a third of OSN Streaming stake, citing an interview with OSN Group Chief Executive Joe Kawkabani as saying.

OSN Streaming is a unit of OSN Group.

Warner Bros. stock was down 1.5% in recent Monday trading.

Price: 10.58, Change: -0.16, Percent Change: -1.49

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Discovery Buys Minority Stake in Dubai-Based OSN Streaming\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-24 22:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a> (WBD) said Monday it has made a minority investment in Dubai-based OSN Streaming.</p><p>Details of the investment were not disclosed.</p><p>The transaction will take place in stages and is subject to customary requirements, the entertainment giant added.</p><p>Bloomberg reported that Warner Bros. will pay $57 million for about a third of OSN Streaming stake, citing an interview with OSN Group Chief Executive Joe Kawkabani as saying.</p><p>OSN Streaming is a unit of OSN Group.</p><p>Warner Bros. stock was down 1.5% in recent Monday trading.</p><p>Price: 10.58, Change: -0.16, Percent Change: -1.49</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4125","symbol_name":"广播","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2521778018","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521778018","pubTimestamp":1742826942,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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