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Warner Bros. Discovery was created via the merger of WarnerMedia with Discovery Inc., the company behind cable channels including TNT, The Food Network, CNN, Animal Planet, and, of course, The ...
The stock closed Aug. 8 at $7.02 per share, down 9%. More from Variety AMC Networks Takes $97 Million Hit to Balance Sheet in Q2 on Devaluation of International Business, BBC America
The company took a goodwill impairment charge of $9.1 billion on the value of its network business and a $2.1 billion amortization charge on intangibles. Challenges in the U.S. linear advertising ...
Discovery, Inc. was an American multinational mass media factual television conglomerate based in New York City. Established in 1982, the company operated a group of factual and lifestyle television brands, such as the namesake Discovery Channel, Animal Planet, Science Channel, and TLC. In 2018, the company acquired Scripps Networks Interactive ...
The following is a list of major assets that are owned by Warner Bros. Discovery. As of 2023, the company's assets are reported under three segements: Studios (which consists of the Warner Bros. film and television studios, alongside the company's consumer products, interactive entertainment, licensing and publishing divisions), Networks (which ...
Loaded 0%. Warner Bros. Discovery ( WBD) stock is getting love from Wall Street to kick off 2023. Shares of the embattled media giant climbed 7% in mid-afternoon trading on Tuesday after analysts ...
Warner Bros. Discovery. Warner Bros. Discovery, Inc. ( WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was formed from WarnerMedia 's spin-off by AT&T and merger with Discovery, Inc. on April 8, 2022. The company's properties are divided into nine business units, consisting of the ...
The analyst firm expects ad revenue for Warner Bros. Discovery to come in at $8.7 billion for 2023, which includes a 13% decline at its TV networks, and projects consolidated ad revenue dropping 5 ...