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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.
Unwinding bad investments in DirecTV and its media segment, now owned by Warner Bros Discovery, helped lead to the end of a 35-year annual streak in payout hikes. Moreover, it was left with a ...
The telecom giant revealed it will issue a special dividend to shareholders on April 5 when they can decide whether to own just AT&T, the soon-to-be Warner Bros. Discovery, or both.
On June 6, 2024, Corus disclosed that Warner Bros. Discovery (WBD) had declined to renew some of its brand licensing and programming agreements with the company, which were set to expire at the end of the year. Without revealing specific details, Corus CEO Doug Murphy alluded to the presence of "inequitable structural relationships in the ...
Warner Bros. Discovery reported diluted EPS of 5 cents, a profit of $135 million, on $9.6 billion in revenue. The company reported it is carrying a total of $40.7 billion in debt. Free cash flow ...
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 ...
Warner Bros. Discovery. Warner Bros. Discovery is an American multinational mass media and entertainment conglomerate based in New York City. The company works in the following areas: film, television, cable networks and publishing operations. The following is a list of major assets that are owned by Warner Bros. Discovery.
Warner Bros. Discovery's rough ride continued through its most recent quarter, with the company taking a $9-billion write-down to reflect the diminishing value of its struggling television channels.
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