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 to the challenges facing WBD and the streaming sector.
- The streaming sector needs a new business model to balance price structure and production costs in order to fulfill its promise and attract investors.
Above: Big movie premieres are fading as theatrical films with few exceptions generate the kind of excitement that turns into ticket sales. It's a reality for all media giants going forward. ...
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Warner Bros. Discovery: Moving Guidance From Buy To Hold, Q2 Results Okay But No Game Changers