Tag: Warner Bros. Discovery

Warner Bros. Discovery fell short of expectations when releasing its fourth-quarter earnings on Friday. The company reported a revenue of $10.28 billion, missing the $10.35 billion estimate according to LSEG data. Advertising revenue for the three months ended December 31 sunk by 12% to...

Warner Bros. Discovery released its third-quarter earnings on Wednesday, beating Wall Street estimates despite battling with a sluggish advertising market and two Hollywood strikes. The company, which is a merger WarnerMedia and Discovery, reported a Q3 revenue of $9.98 billion. Free cash flow for the...

Warner Bros. Discovery revealed new key details about its upcoming streaming launch during a press event held on Wednesday. The media officially announced that the new streaming platform would be known as "Max", with its tagline being, "Max — the one to watch." Max will...

For those looking to invest in streaming, Goldman Sachs analyst Brett Feldman recommends being bullish on Warner Bros. Discovery (WBD). On the other hand, Paramount Global (PARA) is the one stock you should avoid. In a note sent to clients on Tuesday, Feldman and his...