The Latest Breaking News from WBD

Warner Bros. Discovery, which owns AT&T SportsNet channels, appears poised to exit the business. However, that probably won’t change much for #Rockets broadcasts.

CNN is recruiting the NBA analyst to co-host a show with King.

The HBO series was unceremoniously dropped from HBO Max, but now it has a new home.

The Nasdaq is up 6.44% in 2023, its best start to a new year since 2019. These are the big Nasdaq winners, including some megacaps.

Deal with EBU and Warner Bros Discovery retains same coverage as existing agreement

The broadcaster will continue to provide coverage of the Games across all its platforms

The entertainment industry’s long-term outlook looks promising due to constant evolution in response to changing consumer consumption patterns, technological advancements, and new business practices. Hence, we think it could be wise to add AMC Networks (AMCX) to your watchlist. However, with the record-high inflation tempering discretionary consumer spending, fundamentally weak…

Warner Bros. Discovery’s (WBD) troubles don’t appear to have ended, as the company expects its restructuring charges to rise by another $1 billion. The company has accumulated significant debt and missed the consensus revenue and EPS estimate in the last quarter. Amid this backdrop, it may not be worth adding…

Record-high inflation has impacted the entertainment industry adversely, with consumers cutting back on their discretionary spending. However, the industry’s long-term prospects look promising with continued technological advancements. While we think it could be wise to avoid fundamentally weak entertainment stocks, Walt Disney (DIS), Warner Bros. (WBD), and Dolphin Entertainment (DLPN),…