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The ratings firm marked WBD down to BB+ on overall cable TV weakness as the Hollywood studio pivots to the streaming space.
Warner Bros. Discovery was downgraded to junk status by S&P Global Ratings on Tuesday due to its lagging TV business ...
After restructuring its business divisions internally, Warner Bros. Discovery is seemingly heading towards a split. According ...
Warner Bros. Discovery CEO 0David Zaslav said a reorganization into two businesses, Linear Networks and Studio & Streaming, ...
Max and Discovery+ now have more than 122 million subscribers, the company says, beating Wall Street expectations in most ...
Ad revenue tumbled 8% to $1.98 billion as ad-supported subscriber growth was offset by linear TV audience declines ...
Warner Bros. Discovery stock jumped as much as 6% early Thursday following comments from CNBC's David Faber, who reported the ...
Late last year, David Zaslav-led entertainment Warner Bros. Discovery divided its business into two divisions to separate its troubled but still profitable cable channel business. One division is ...
The media and entertainment company Warner Bros. Discovery Inc was downgraded to below investment grade by S&P Global Ratings ...
Warner Bros. Discovery (WBD) stock rose as much ... Last year, WBD said it would undergo a corporate restructuring to separate its legacy networks, including CNN, TBS, TNT, HGTV, and the Food ...