Warner Bros. warns of profit hit of up to $500M over Hollywood strikes
Warner Bros Discovery is bracing for a hit to its full-year profit as the ongoing Hollywood actors and writers strike shows no signs of let-up.
Warner Brothers Discovery warns Hollywood strikes will strip as much as $500M from earnings
Warner Bros Discovery Inc (NASDAQ:WBD) has cut its full-year earnings guidance due to the ongoing impact of the strike by writers and actors. In a Securities and Exchange Commission filing, the ent...
Warner Bros. Discovery Expects Earnings Hit Of Up To $500 Million From Strikes This Year
The financial impact of ongoing actors and writers strikes as a number on it now as Warner Bros. Discovery said today it's looking at a hit of $300 million to $500 million in adjusted EBTITDA (earn...
Warner Bros. Discovery: Catastrophe Could Be Around The Corner
Warner Bros. Discovery faces additional risk as Hollywood strikes continue, causing a lack of new content for streaming services. Media mogul Barry Diller suggests that legacy media companies shoul...
Why Warner Bros. Discovery Stock Tumbled Today
Disney took its programming off Spectrum, shaking other TV stocks like Warner Bros. Discovery.
As Warner Bros. Discovery (WBD) stock price sinks, is it a buy?
The Warner Bros. Discovery (NASDAQ: WBD) stock price plunged to the lowest level since June 27th as concerns about the company continued.
CNN's new boss Mark Thompson warns industry faces ‘peak disruption'; staffers' ‘morale in the sh-tter'
Thompson fired off a memo to CNN's 4,000-strong workforce on Wednesday in which he described the challenges facing the network.
CNN names Mark Thompson as new chairman, CEO
News organization CNN, property of Warner Bros. Discovery (WBD), names Mark Thompson as its new chairman and CEO after Chris Licht stepped down from the position in June.
Warner Bros. Discovery names Mark Thompson CEO and chairman of CNN
Warner Bros. Discovery has appointed Mark Thompson chairman and CEO of CNN a few short months after Chris Licht's ouster.
'Barbie' is Warner Bros.' highest-grossing global release ever
Warner Bros. has swapped its wands for pink heels.
Warner Bros. Discovery: Have Some Patience
Warner Bros. Discovery, Inc.'s market cap has dropped below $30 billion since its IPO, but it has the financial strength to generate strong future returns. The company has improved its financials, ...
‘Barbie' Will Become Warner Bros. Highest-Grossing Movie Of All Time Monday, Company Says
The Greta Gerwig-directed film will surpass the final installment of the ‘Harry Potter' series to become Warner Bros. highest-grossing film.
Warner Bros. Discovery (WBD) to Launch CNN Max News Channel
Warner Bros. Discovery (WBD) announces a new round the clock streaming offering, CNN Max, which is set to launch on Sep 27.
Warner Bros. Stock Is a Leading Decliner on the S&P 500.
The media and entertainment giant is delaying the release of three of its big-budget films, including 'Dune: Part 2,' The Wall Street Journal reports.
Warner Bros confirms 'Dune' delay in blow to cinema owners
Warner Bros has confirmed it is delaying the release of big-budget sequel Dune 2 due to the ongoing strike by the US actors' union. Stars of the film would not be able to promote it because of the ...
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