Warner Bros. Discovery Stock News

Warner Bros. Discovery WBD 1.85%increase; green up pointing triangle posted a nearly $10 billion loss in the second quarter on an impairment charge tied to the plunging value of its linear networks.

Warner Bros. Discovery reported second-quarter earnings after the bell.

Warner Bros. Discovery is taking a hefty non-cash impairment charge, or write-down, of $9 billion at its networks division to align the book value of its linear television business with the reality of uncertain advertising and sports rights renewals as the NBA is set to move on.

Warner Bros Discovery missed Wall Street expectations for quarterly revenue on Wednesday, hurt by a studio slump after its highly anticipated film "Furiosa: A Mad Max Saga" had a weak box-office run.

NEW YORK , Aug. 7, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today reported financial results for the quarter ended June 30, 2024.

BURBANK, Calif.--(BUSINESS WIRE)--Warner Bros. Pictures, AMC Theatres & Dolby Return “The Batman” to Big Screens Ahead of the Debut of the HBO Original Series “The Penguin” on Max.

NEW YORK--(BUSINESS WIRE)--IT'S SHOWTIME! Sally Hansen® is launching a nail polish collection in partnership with Warner Bros. Discovery and the creative team behind “Beetlejuice Beetlejuice,” the hugely anticipated follow-up to the cult classic movie, in theaters September 6, 2024.

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