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Warner Bros. Discovery's rough ride continued through its most recent quarter, with the company taking a $9-billion write-down to reflect the diminishing value of its struggling television channels.
Warner Bros. Discovery ( WBD) will report second quarter earnings after the bell on Wednesday as the media giant struggles with a declining linear TV business, unfavorable ad market, and the loss ...
(Reuters) - Shares of Warner Bros Discovery plunged 12% in premarket trading on Thursday after a $9.1 billion write-down of the media giant's TV assets sparked fresh concerns about its traditional ...
August 7, 2024 at 1:07 PM. (Reuters) -Warner Bros Discovery recorded a $9.1 billion goodwill impairment charge and missed Wall Street expectations for quarterly revenue on Wednesday, hurt by a ...
Warner Bros. Discovery. Warner Bros. Discovery, Inc. ( WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was formed from WarnerMedia 's spin-off by AT&T and merger with Discovery, Inc. on April 8, 2022. The company's properties are divided into nine business units, consisting of the ...
The following is a list of major assets that are owned by Warner Bros. Discovery. As of 2023, the company's assets are reported under three segements: Studios (which consists of the Warner Bros. film and television studios, alongside the company's consumer products, interactive entertainment, licensing and publishing divisions), Networks (which ...
Shares of Warner Bros. Discovery fell about 12% in morning trading after the report. Including that decline, shares are down more than 25% so far this year, and 46% over the last 12 months.
wbd .com. Warner Bros. Discovery Networks, formerly known as WarnerMedia Entertainment and WarnerMedia Studios & Networks, [1] is an American mass media division of Warner Bros. Discovery that oversees the operations of many of its television channels and assets owned and operated in the United States. Its related international division is ...