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Warner Bros. Discovery and CEO David Zaslav were sued Monday by investors who experienced "significant losses and damages" caused by fallout from the studio's rights negotiations with the National ...
Investors are calling foul over Warner Bros. Discovery’s loss of its NBA media rights deal. A lawsuit filed this week in New York federal court alleges that shareholders suffered “significant ...
Warner Bros. Discovery and CEO David Zaslav were sued Monday by investors who experienced “significant losses and damages” caused by fallout from the studio’s rights negotiations with the ...
Investors sue Warner Bros. Discovery, claiming it misled them about the consequences of losing NBA rights, impacting stock value.
Additionally, Warner Bros’s financial outlook is clouded by negatives such as a 6% decrease in revenue, a 16% fall in EBITDA, and a notable 43% reduction in free cash flow year-over-year.
Warner Bros. Discovery is dividing its assets into two separate publicly traded companies, the media conglomerate announced Monday. The move will put the company’s iconic movie studio ...
Warner Bros. Discovery posted a quarterly loss for its Direct-to-Consumer (DTC) unit, and saw its base of global streaming subscribers rise to 103.3 million at the end of the second quarter, up 3. ...
(RTTNews) - Warner Bros. Discovery, Inc. posted a first quarter net loss to Warner Bros. of $453 million compared to a loss of $966 million, last year. Loss per share narrowed to $0.18 from a loss ...
Litigation may “irreparably” damage Warner Bros. Discovery's relationship with the NBA, despite billions in lost revenue, analysts say.
Warner Bros. Discovery (WBD), the corporate parent of CNN and one of the largest media conglomerates in the country, plans to split its business into two public companies as part of a larger effort… ...
Warner Bros. Discovery is dividing its assets into two separate publicly traded companies, the media conglomerate announced Monday.
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