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HBO Max Hit 131.6M Subs, NBA Exit Squeezed Advertising As WBD Deal Drama Dominates Q4

Warner Bros. Discovery had a soft fourth quarter as media networks shed subscribers and advertising took a hit year-on-year from the loss of the NBA. But the roiling M&A tide, with Paramount suddenly in a position to possibly hijack a planned Netflix transaction, is top of mind on Wall Street amid WBD’s latest financials. The […]

26 Feb, 12:07 — 26 Feb, 12:07
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