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Warner Bros. Discovery’s Good News Couldn’t Obscure the Warning Signs in Q4 Results – IMDb appeared on www.imdb.com by IMDb.
Investors were clearly surprised by the depth of the year-over-year declines in revenue and earnings at WB Discovery’s studio and linear networks divisions. These are the company’s profitable pillars, the earnings engines keeping the light bills paid while streamer Max and HBO chomp through investment capital as both entities are reinvented for a new era of television.
Anyone who has paid attention to Hollywood in the past year should have anticipated a rough Q4 for the Warner Bros studio. The October-December frame encompassed the tail end of two brutal strikes by…
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