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Nov 8, 2023 · Michael Morris, Guggenheim Securities entertainment and media analyst, joins 'Squawk on the Street' to discuss what's pressuring Warner Bros. Discovery's stock, his reaction to WBD's...
- 4 min
- 8K
- CNBC Television
May 5, 2023 · #WarnerBros #Discovery #youtube Yahoo Finance’s Allie Canal joins the Live show to discuss key takeaways from Warner Bros. Discovery’s Q1 earnings call and to break down the decline in stock...
- 4 min
- 1053
- Yahoo Finance
Mar 14, 2022 · AT&T stockholders will end up owning 71 percent of the new Warner Bros. Discovery, with Discovery shareholders holding the rest.
- What Happened
- So What
- Now What
Shares of Warner Bros. Discovery (WBD0.51%)fell 16.5% on Friday, after the media conglomerate reined in investors' growth expectations.
Warner Bros. Discovery was formed when AT&T spun off its WarnerMedia assets and merged them with Discovery. The combination joined popular TV networks like TBS, TNT, and CNN with streaming servicesHBO Max and Discovery+. The goal was to consolidate the company's power in the broadcast and cable industries and bolster its competitive position within...
Warner Bros. Discovery now expects its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to increase from $9 billion to $9.5 billion in fiscal 2022 to $12 billion in 2023. The company's new adjusted EBITDA goal is $2 billion less than its previous forecast of $14 billion. Still, management believes Warner Bros. Disco...
- Joe Tenebruso
Apr 11, 2022 · The combined streaming offerings of the merger and the vast global subscriber base of the companies individually (before the merger) signal that the new Warner Bros. Discovery would look to reach...
Sep 12, 2024 · Shares of global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) jumped 10.1% in the morning session after the company announced a new carriage agreement with Charter...
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Mar 11, 2022 · Discovery shareholders have formally approved the mega-combination of the factual and lifestyle media powerhouse with AT&T’s entertainment division WarnerMedia, setting the stage for the merger...
