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The stock's fall snapped a two-day winning streak.
Warner Bros. Discovery's planned split will separate streaming/content from linear assets, hopefully unlocking value. Read ...
Though Warner Bros. Discovery has paid down much of the leverage it incurred as a result of the 2021 deal to merge Discovery with AT&T’s WarnerMedia, the company is still burdened with more than ...
Warner Bros. Discovery trimmed its full-year earnings guidance for 2023 on Tuesday by $300 million to $500 million because of the continued strike by actors and writers, which has stopped ...
Warner Bros. Discovery delivered full-year revenue of $41.3 billion in 2023, down 4% compared to the prior year. Revenue from its studios and networks divisions declined by respective amounts of ...
HBO Max parent Warner Bros. Discovery (WBD 2.85%) intends to license more of its television shows and movies to third parties, even if that content has also been made available through one of ...
Warner Bros. Discovery will divide into two companies by next year, ending the media conglomerate’s quest to create an all-in-one TV, film and streaming behemoth that could overtake Netflix and ...
Warner Bros. Discovery is to split into two, separating streaming and studios from its cable channels. The company has been burdened by debt and the decline of cable TV.
Warner Bros. Discovery Chief Executive David Zaslav, in the run-up to the merger, touted to Wall Street that his team would find $3 billion in annual cost savings after the merger.
Warner Bros. Discovery reports that it will incur up to $1.5 billion in costs to shrink the company, cancel programming and provide severance packages to laid-off workers, among other expenses.
After Warner Bros. Discovery stock popped as much as 13% on the split-up announcement, shares ended down 3% for the day on June 9. It’s bounced back since then, up 5% compared with the June 6 ...
The stock cratered again in August when Warner Bros. Discovery took the write-down of its cable channels. The company's share ...
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