Shares of Warner Bros. Discovery Inc. Series A slid 3.33% to $10.16 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,

Robert Eggers is set to write and direct a movie adapting author Charles Dickens’ classic ghost story set at Christmas. Eggers will produce the project alongside Chris Columbus and Eleanor Columbus for Maiden Voyage.

Warner Bros. Discovery will split into two companies by next year, with much of its streaming and movie production moving under one company and its live sports and news to another, according to the Washington Post .

As Elmo leaves the HBO family, so does HBO Family. The spinoff channel, which launched in December 1996 as a more kid- and family-friendly version of HBO, will shut down on August 15. It’s part of a larger strategy by Warner Bros.

“If you’re from Oregon, or you’ve been to Oregon, you kind of know that Dutch Bros., like, is the most popular coffee shop,” said Briggs, who hails from the small town of Elkton, Oregon. “You know it’s where if you’re young, you really, really want to work there.

At the end of March, Warner Bros. Discovery had gross debt of $38.0 billion, which is comprised of “total debt” ($37.4 billion) and financial leases ($535 million). The 2022 merger of WarnerMedia (owned by AT&T) and Discovery, Inc. created more than $50 billion of debt.

EXCLUSIVE: Adam Galen has been promoted to Vice President of Development at Warner Bros. Pictures Animation, the division’s President Bill Damaschke announced on Tuesday. In his elevated role, Galen will work alongside Susan Akinbola to lead the studio’s feature development slate,