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Warner Bros. Cuts Profit Outlook as Hollywood Strikes Drag On
It is now targeting full-year adjusted earnings, before interest, taxes, depreciation and amortization, of $10.5 billion to $11 billion, down by $500 million. Source link
Warner Bros. Discovery Revenue Falls
The company’s streaming segment shed subscribers in the second quarter after the launch of its new service, Max. Source link
Paramount, Warner Bros. Discovery face advertising headwinds: Wolfe Research By Investing.com
© Reuters. Investing.com — Advertising pressures are seen as a risk to both Paramount Global (NASDAQ:) and Warner Bros Discovery Inc (NASDAQ:) stocks, which Wolfe
Barclays Maintains Warner Music Group (WMG) Equal-Weight Recommendation
Fintel reports that on April 14, 2023, Barclays maintained coverage of Warner Music Group (NASDAQ:WMG) with a Equal-Weight recommendation. Analyst Price Forecast Suggests 24.86% Upside
Warner Music Group to Cut 4% of Workforce
The label behind Ed Sheeran and Madonna will eliminate 270 jobs as it repositions toward growth in technology. Source link
Better Buy: Netflix vs. Warner Bros. Discovery
Consumers will always love to be entertained, especially on a screen, and that presents investors with a worthwhile opportunity to allocate capital. There are lot