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Moody's Investors Service ("Moody's") says Discovery Inc.'s (Discovery or the Company, Discovery Communications, LLC rated Baa3 stable) launch of a global streaming service, Discovery+, is credit ...
Analysts did generally acknowledge that the streaming service will bring significant heft when it launches on January 4. “Given that Discovery did not provide long-term financial targets” on ...
A version of this story first appeared at TKer.co. It’s that time of year when Wall Street’s top strategists tell clients where they see the stock market heading in the year ahead.. The ...
Discovery+ became a sister service to WarnerMedia's HBO Max following their merger in April 2022. HBO Max was relaunched as Max the following year, adding Discovery content to its library. While WBD originally planned to discontinue Discovery+ in favor of Max, the company elected to continue offering Discovery+ because it was still profitable. [3]
The efficient market hypothesis posits that stock prices are a function of information and rational expectations, and that newly revealed information about a company's prospects is almost immediately reflected in the current stock price. This would imply that all publicly known information about a company, which obviously includes its price ...
As of 2023, the company's assets are reported under three segments: 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 consists of the company's television portfolio including its entertainment ...
Warner Bros. Discovery stock rose nearly 12% on Thursday after the company reported strong streaming results in the third quarter, including its largest-ever quarterly subscriber growth since the ...
In his first earnings report since an April merger created one of the largest media companies in the U.S., on Aug. 4 Warner Bros. Discovery (WBD) CEO David Zaslav announced plans to combine HBO Max...