Warner Bros. Animation and DC Studios have greenlit Mister Miracle, an adult animated series based on the 12-issue Eisner Award-winning comic from writer Tom King and artist Mitch Gerads. King is executive producer and showrunner on the series, which is currently in production.

S&P Global downgraded the media giant's unsecured bonds, put it on a negative credit watch and will review whether to lower the company's other ratings

Monday's news that Warner Bros. Discovery is splitting into two companies has fueled chatter about which execs will end up leading the new entities.

Warner Bros. Animation and DC Studios greenlight 'Mister Miracle,' an adult animated series to be showrun by the comic's creator, Tom King.

The split comes three years after Warner Bros. and Discovery merged in a bid to capture more of the highly competitive streaming market.

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,