WBD News and Press, Warner Bros. Discovery Inc.

2024-06-01 03:38:00 ET Disney's (NYSE: DIS) streaming business isn't that much smaller than Netflix (NASDAQ: NFLX) today -- and that's before it begins bundling with Warner Bros. Discovery (NASDAQ: WBD) and launches the ESPN over-the-top app. In just a few years, Dis...

2024-05-31 15:40:54 ET Summary The launch of Venu Sports was likely influenced by the recent clash between Charter Communications and Disney, highlighting the need for a backup distribution system in case of contract disputes. The cost of partners to help defray the cost of the se...

2024-05-30 17:39:01 ET Summary The Warner Bros. Discovery spin-off from AT&T has reached a valuation that makes sense to holders, with arguments for both a rise and a decline in stock value. The CEO's promises of better times ahead are seen as repetitive and lacking a solution...

2024-05-30 14:40:56 ET Summary Warner Bros. Discovery's Q1 results show a 6.9% YoY decline in consolidated revenue and a 20% YoY decline in EBITDA, missing consensus estimates. The Linear Networks segment sees a decline in advertising revenue, and the Studio segment struggles with...

2024-05-30 13:51:16 ET Summary Comcast's NBCUniversal is reportedly close to securing the NBA rights it lost in 2002, potentially tripling the fees charged by Warner Brothers Discovery. The deal has potential for massive losses in a streaming-only world and the decline of the line...

2024-05-30 10:50:24 ET Warner Bros. Discovery, Inc. (WBD) Bernstein's 40th Annual Strategic Decisions Conference May 30, 2024 8:00 AM ET Company Participants David Zaslav - President and Chief Executive Officer Conference Call Participants Laurent Yoon - Bern...

2024-05-29 14:52:10 ET U.S. video game sales fell 3% year-over-year in April to $1.4 billion, according to research group Circana, led by a massive drop in hardware sales. ... Read the full article on Seeking Alpha For further details see: U.S. video game sales fall 3% ...

Soudah Development & Warner Bros. Discovery International Sign Partnership to Showcase the Rich Heritage, Culture and Natural Beauty of Soudah Peaks Soudah Development & Warner Bros. Discovery International Sign Partnership to Showcase the Rich Heritage, Culture and Natural Beau...

2024-05-28 15:31:35 ET Summary Warner Bros. Discovery reported 1Q24 earnings, showing consistent debt reduction and improving profitability in the Direct-To-Consumer segment. The Direct-To-Consumer segment, including HBO Max, saw an increase in subscribers and revenue; I expect th...

2024-05-27 22:25:00 ET Summary AT&T's earnings report shows strong performance, with customer growth leading top and bottom-line expansion. AT&T's strong performance is expected to continue by providing value and cutting costs. The balance sheet is healthy and cash flo...