NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Warner Bros. Discovery, Inc. ("Warner Bros.
LOS ANGELES, CA / ACCESSWIRE / August 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.
During their second quarter earnings report on August 7, Warner Bros. Discovery announced an $11.2 billion including a $9.1 billion write-down for their linear cable TV networks.
NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Warner Bros. Discovery, Inc. ("Warner Bros.
NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Warner Bros. Discovery, Inc. ("Warner Bros.
Warner Bros. Discovery stock plunged to all-time lows due to a failed transition to their DTC platform and a lack of content spending. The media company faces challenges with a high debt load, a weak competitive position, and the need for increased content spending to remain competitive in the streaming market. WBD stock trades at a cheap 6x EV/EBITDA target, but Warner Bros. is likely a value trap with no catalyst for a rally in a competitive segment.
NEW YORK, NY / ACCESSWIRE / August 8, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Warner Bros. Discovery, Inc. ("Warner Bros.
Warner Bros. Discovery CEO David Zaslav is increasingly in need of a win for shareholders.
Warner Bros. Discovery said revenue declined in all three segments.
Warner Bros. Discovery's (WBD) second-quarter results reflect dullness in overall ad sales and distribution revenues.
Warner Bros Discovery (NASDAQ: WBD ) stock is sliding lower on Thursday after the entertainment company posted its earnings report for the second quarter of 2024. Warner Bros Discovery starts off its earnings report with adjusted EPS of -18 cents.
Share of Warner Bros. Discovery fell sharply this morning, touching all time lows well under $7 after disappointing quarterly earnings after market close yesterday that included a massive write-down at its networks division. The shares fell to $6.73 this morning, a low. They're trading down more than 12% at $6.76 right now.