Warner Bros. Discovery's (WBD) new film, “The End of Oak Street,” is projected to have a strong opening weekend, with global box office estimates ranging from $38 million to $48 million. The film has already garnered over $2 million from Thursday previews in North America.
In other company news, investment firm Terril Brothers Inc. increased its stake in Warner Bros. Discovery by 48.9% during the second quarter, bringing its total holdings to 1.12 million shares valued at approximately $29.8 million. This comes amid ongoing discussions and developments related to the proposed merger with Paramount, including the potential sale of CNN to address antitrust concerns.