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Warner Bros Discovery Inc

Warner Bros. Discovery, Inc. operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. The company is headquartered in New York, NY.

Earnings data Q1 2021

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Warner Bros Discovery reports robust Q4 performance and streaming focus

Warner Bros Discovery's Q4 performance highlights strong financials, strategic focus on IP, and progress in streaming profitability.
The company faces challenges in ad sales and market dynamics but sees opportunities in content integration, community engagement, and market upswing.
Prioritizing quality content, cost savings, and achieving profitability targets are key strengths driving Warner Bros Discovery's strategy.
Balancing financial performance, content excellence, and market positioning will be crucial for Warner Bros Discovery's growth and success.

Warner Bros Discovery Inc reports strong Q1 EBITDA growth and DTC focus

Warner Bros Discovery Inc navigated Q1 challenges with strong EBITDA growth and a focus on DTC business, aiming for profitability this year. The company's strategic initiatives in content expansion, international markets, and reducing churn for HBO Max position it well for future growth and profitability.

Warner Bros Discovery excels in Q2, eyes global expansion

Warner Bros Discovery's Q2 performance showcased strong free cash flow, debt reduction, and strategic focus on Direct-to-Consumer and gaming for growth.
The company's strengths lie in content creation, advertising opportunities, and leveraging IPs, while facing challenges in linear business and industry disruptions.
Opportunities include multiple growth levers for 2024, international expansion, and maximizing advertising and content potential, with a clear focus on profitability.
Overall, Warner Bros Discovery is navigating challenges with resilience, focusing on strategic growth areas, and positioning itself for future success in the evolving media landscape.

Warner Bros Discovery exceeds $2B in free cash flow, eyes growth

Warner Bros Discovery Inc's Q3 earnings call highlighted strong financial performance, strategic focus on key IP, and growth opportunities in streaming, gaming, and sports. The company is prioritizing debt reduction, sustainable growth, and maximizing the value of its content to drive future success.

Warner Bros Discovery Inc (WBD) reports strong Q4 performance and eyes global growth opportunities

Warner Bros Discovery Inc (WBD) delivered a strong performance in Q4 2023, showcasing financial achievements, successful franchise revivals, and global expansion efforts. While facing challenges in its Studios and Networks segments, the company is leveraging its strengths in streaming profitability, post-merger integration, and content diversity. With a focus on profitability, growth initiatives, and strategic partnerships, Warner Bros Discovery is poised for future success.

Warner Bros Discovery (WBD) excels in Q1 2024, eyes digital ad growth

Warner Bros Discovery (WBD) showcased robust performance in Q1 2024, capitalizing on key strengths in subscriber growth and content monetization. Despite challenges in studio results and certain markets, the company is strategically positioned to seize opportunities in digital advertising and global content distribution. Ongoing efforts towards operational efficiency and consumer-centric strategies underpin its growth trajectory.

Warner Bros Discovery sees strong subscriber growth and global expansion

Warner Bros Discovery's Q2 earnings call highlighted impressive subscriber growth, content production, and global expansion efforts. The company's strategic focus on direct-to-consumer initiatives, partnerships, and engaging content positions it well for sustained growth. While facing challenges in debt reduction and competitive pressures, Warner Bros Discovery remains optimistic about its ability to drive profitability and expand its market presence.

Warner Bros Discovery reports strong Q3 performance amidst business challenges

Warner Bros Discovery Inc showcased strong performance in its direct-to-consumer segment, while facing challenges in the Networks and Studios businesses. The company's focus on enhancing shareholder value and stabilizing linear TV operations are key strengths. Opportunities lie in driving growth in the direct-to-consumer segment and optimizing operations in the linear networks business.

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Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Q2 2023 Earnings Conference Call August 3, 2023 8:00 AM ET Company Participants Andrew Slabin - Investor Relations David Zaslav - President & Chief Executive Officer Gunnar Wiedenfels - Chief Financial Officer Jean-Briac Perrette - Chief Executive Officer & President of Global Streaming and Games Conference Call Participants Vijay Jayant - Evercore ISI Kannan Venkateshwar - Barclays Brett Feldman - Goldman Sachs John Hodulik - UBS Jessica Reif - Bank of America Securities Benjamin Swinburne - Morgan Stanley Michael Morris - Guggenheim Philip Cusick - JPMorgan Operator Ladies and gentlemen, welcome to the Warner Bros.

Warner Bros. Discovery, Inc. (WBD) Q2 2023 Earnings Call Transcript

Warner Bros. Discovery and its studio peers need Hollywood to get back to work, even if it costs them.

Warner's Streaming and Ad Misses Outweigh Its Huge Hit

Warner Bros. Discovery lost 1.8 million streaming subscribers in the second quarter as it launched its combined streaming platform Max in the United States in May.

Warner Bros. Discovery loses 1.8M streaming subscribers amid Max rebrand with CEO 'hopeful' Hollywood strikes will end soon

The 2022 combination of Discovery and WarnerMedia was controversial at the time, but executives at what's now called Warner Bros. Discovery Inc. WBD, +0.16% suggested Thursday that the move is paying off, Just look at the success of “Barbie,” they said.

‘Barbie' summer: How a multifaceted marketing blitz helped drive box-office success

Warner Bros. Discovery (WBD) came out with a quarterly loss of $0.51 per share versus the Zacks Consensus Estimate of a loss of $0.39.

Warner Bros. Discovery (WBD) Reports Q2 Loss, Lags Revenue Estimates

Sports and news programming will be coming “soon” to Max, according to Warner Bros. Discovery CEO David Zaslav. The categories “are important. They're differentiators. They're compelling,” he said on the company's second-quarter earnings call with Wall Street analysts. “They make these platforms come alive.

Max Will “Soon” Add News And Sports To Its Streaming Mix, Warner Bros. Discovery CEO David Zaslav Says, Though No Timeline Is Given

While Warner Bros Discovery CEO David Zaslav on this morning's Q2 earnings call for the conglom is “hopeful that all sides will get back to the negotiating room soon and that these strikes get resolved in a way that the writers and actors feel that they are fairly compensated,” WBD CFO Gunnar Wiedenfels served up

Warner Bros. Discovery CFO Gunnar Wiedenfels On Strikes Savings “In Low $100M Range”; Release Dates Remain Fluid, Outlook “Assumes Return To Work In Early September”

Warner Bros. Discovery was formed in 2022, combining a rich array of properties from HBO to CNN.

How CEO David Zaslav is transforming Warner Bros. Discovery, from layoffs and a major reorg to launching a new mega-streaming app, Max

Warner Bros. Discovery reported its second-quarter earnings results Thursday, revealing that it dropped in 1.8 million streaming subscribers across HBO, Discovery+ and its new combined streaming service Max.

Warner Bros. Discovery loses 1.8M subscribers amid Max rebrand

The company's streaming segment shed subscribers in the second quarter after the launch of its new service, Max.

Warner Bros. Discovery Revenue Falls

Warner Bros Discovery Inc (NASDAQ:WBD) stock traded higher in pre-market deals after its second-quarter results landed inside market expectations, and, the media conglomerate cheered an improved balance sheet. Post-acquisition housekeeping saw the group report a US$1.24bn net loss, including some US$1.65 billion of amortization and US$146 million of tax restructuring expenses.

Warner Bros Discovery reports balance sheet boost, now sees over US$5bn of merger synergies

Warner Bros. Discovery topped free cash flow expectations in its latest quarter and grew per-user revenue in streaming on a sequential basis.

Warner Bros. Discovery stock gains after earnings as free cash flow positively surprises

Warner Bros. Discovery reported spotty financial results in the second quarter, but delivered better-than-expected free cash flow. The company posted a loss per share of 51 cents, which was worse than the 42 cents expected by Wall Street analysts. Revenue dipped 4% from the prior-year quarter to come in at $10.

Warner Bros. Discovery Q2 Results Hit By ‘The Flash' And Soft Ad Climate, But Free Cash Flow Doubles To $1.7B

NEW YORK , Aug. 3, 2023 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today reported financial results for the quarter ended June 30, 2023.

WARNER BROS. DISCOVERY REPORTS SECOND-QUARTER 2023 RESULTS

4.050% Senior Notes due 2023 Issued by Warner Media, LLC 7.570% Senior Notes due 2024 Issued by Historic TW Inc. 3.800% Senior Notes due 2024 Issued by Discovery Communications, LLC 3.528% Senior Notes due 2024 Issued by WarnerMedia Holdings, Inc.3.428% Senior Notes due 2024 Issued by WarnerMedia Holdings, Inc. 3.550% Senior Notes due 2024 Issued by Warner Media, LLC NEW YORK , Aug. 3, 2023 /PRNewswire/ -- Warner Bros. Discovery, Inc. ("Warner Bros.

Warner Bros. Discovery Announces Commencement of Cash Tender Offers for Any and All

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According to Morningstar, communication services companies are those “that provide communication services using fixed-line networks or those that provide wireless access and services.” Also within the space are firms “that provide Internet services such as access, navigation and Internet related software and services.

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While Barbenheimer has taken much of the world by storm, the contrast between the two films is causing a stir in Japan where it has been dubbed insensitive.

Barbenheimer backlash as Warner Bros regrets 'insensitive' social media posts

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After U.S. markets closed on Monday, Diamondback Energy reported revenue that beat Wall Street estimates by 1.2% and fell more than 30% year over year.

Earnings Previews: AB-InBev, ConocoPhillips, Warner Bros Discovery

Warner Bros. Discovery is rumored to be introducing more layoffs as more top executives leave the media company.

Is Warner Bros. Discovery About To Make More Layoffs?

The “Barbenheimer” craze has drawn widespread criticism in Japan for making light of the atomic bomb.

Barbenheimer: Warner Bros Apologizes After Japan Criticizes ‘Extremely Regrettable' ‘Barbie' Tweets

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Both 'Barbie' and 'Oppenheimer' held tough at the domestic box office in their second weekends.

'Barbenheimer' is a billion-dollar win for the global box office

Paramount Global

On May 2, the Writers Guild of America went on strike against the Alliance of Motion Picture and Television Producers (AMPTP) due to labor disputes primarily regarding streaming service residuals and uses of artificial intelligence, such as ChatGPT, to replace writers. Then on July 14, SAG-AFTRA Screen Actors Guild-American Federation of Television and Radio Artists went on strike stating similar issues with (AMPTP) to the Writers Guild of America.

3 Stocks That Stand to Get Crushed by Hollywood Strikes

WBD is uniquely positioned to capitalize on the blurring of lines between marketing and content. The company's inverted flywheel strategy allows it to use its content to drive marketing for its other businesses, and vice versa. The studio and DTC business can see significant EBITDA margin expansion as a result.

News for Warner Bros Discovery Inc Stock (WBD)