Warner Bros. Discovery Stock News

Fox Corp. (FOXA, Financial) is known for its diverse portfolio of news, sports and entertainment content. With a strong presence in the U.S. market, the legacy company continues to shape the media landscape through its flagship networks like Fox News, Fox Sports and Fox Broadcasting Company.

Warner Bros. Discovery's stock remains undervalued, trading at low multiples, but weak Q2 earnings and declining revenues raise concerns about its future growth and profitability. The company faces significant challenges, including a $9 billion loss in legacy TV operations, missed revenue targets, and weak performance in Studios and Networks. Positive factors include subscriber growth in DTC an...

Warner Bros. Discovery is facing an NBA lawsuit amidst debt and struggling business. Despite the market disliking the company, it has the potential for long-term shareholder returns. Warner Bros. Discovery's Q2 financial performance, segment performance, FCF, and market opinion are discussed in the article.

Warner Bros. Discovery (WBD) stock price has plummeted, as the parent company of some of top iconic media brands, has become a toxic asset among investors and analysts.

NEW YORK , Aug. 21, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (Nasdaq: WBD) today announced that its President and CEO David Zaslav and its Chief Financial Officer Gunnar Wiedenfels will each present at media industry conferences during the month of September.

Warner Bros Discovery said on Tuesday it would spend at least $8.5 billion to produce movies and television shows at a new studio at Las Vegas in Nevada, if the state provides promised tax incentives.

Venu Sports, a streaming joint venture from three media giants, just had a big setback. A judge ruled that Venu can't launch in late August, as originally planned.

Key Points: Warner Brothers struggles against tech giants like Netflix, Apple, and Amazon in the movie and streaming industry.