Warner Bros. Discovery Stock Rises as Wayne Gretzky Returns to NHL on TNT
Warner Bros. Discovery shares edged higher after securing Wayne Gretzky's return to NHL on TNT. The hockey legend's contract extension signals stability for the network amid Warner's restructuring plans, which include folding TNT into Discovery Global.
Gretzky praised the collaborative environment at TNT, drawing parallels between broadcast teams and hockey squads. The deal comes as Warner faces potential buyout interest, adding complexity to its planned spinoff of legacy TV assets.