Warner Bros. Discovery Lost $252 Million in the Quarter Everyone Decided They Wanted to Buy It

The belle of the ball shares its fourth quarter financials.

26 Feb, 12:00 — 26 Feb, 12:07

Moderate (27/100)

2 sourcesNarrow spread1 region

Why this matters

Warner Bros. Discovery was formed from the merger of WarnerMedia and Discovery Inc., a move intended to create a streaming and content powerhouse. This story matters as it highlights the financial challenges and market perception of the newly formed company, particularly as it navigates a competitive streaming landscape and manages significant debt from the merger, even as external interest in its assets or acquisition remains high.

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ℹOnly 2 sources cover this story

Key entities

Warner Bros. DiscoveryMedia conglomerate reporting financial results Seeking AlphaFinancial news outlet The Hollywood ReporterEntertainment news outlet

Coverage Timeline

First report: hollywood-reporter · 26 Feb, 12:00|Full coverage: All 2 sources within 7m|Window: 7m

hollywood-reporter26 Feb, 12:00First to report