Warner Bros. Discovery Stock News

Warner Bros Discovery has settled its breach of contract lawsuit against the National Basketball Association (NBA), the Wall Street Journal reported on Saturday, citing people familiar with the matter.

Analysts believe CNN makes what looks like a decent amount of money, around $750 million this year. Sounds good until you realize that's down from over $1 billion in 2020.

Q3 earnings: beat on the bottom line, free cash flow could have been better (a lot better). The big concern, as always, is the debt level. Asset sales are a must at this point, and hopefully CEO David Zaslav acts on this sooner rather than later.

Warner Bros. Discovery achieved decent financial results despite YoY revenue declines and maintained a double-digit FCF yield, making it a good investment. The company's studios segment saw YoY underperformance, but content revenues remain strong, and the streaming segment continues to grow, especially internationally. The balance sheet is impacted by significant debt, but with $3.5 billion in ...

Here are some of the major companies whose stocks moved on the week's news.

Warner Bros. Discovery achieved its first company-wide profit post merger. The DTC segment reported its best quarter ever. EBITDA was at record levels. The studios segment underperformed due to the "Barbie" movie in the previous fiscal year and "Joker" being a disappointment.

Warner Bros. Discovery (WBD) shares surged Thursday after the media giant posted better-than-expected earnings as its Max streaming service set a record for new subscribers.

Warner Bros. Discovery says it will beef up ads on its Max streaming service.