Warner Bros. Discovery’s progress in making its streaming business profitable and reducing its debt after the mega-merger that created the Hollywood giant was in Wall Street’s focus on Thursday. With the entertainment conglomerate’s second-quarter results in the book, including a streaming loss of just $3 million, and management commentary, including boosting its post-merger cost-savings target […]
from The Hollywood Reporter https://ift.tt/dJwlYVQ
Friday, August 4, 2023
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Warner Bros. Discovery Analysts React to Streaming and Debt Progress, With One Downgrading Stock
Warner Bros. Discovery Analysts React to Streaming and Debt Progress, With One Downgrading Stock
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