Warner Bros. Discovery Says Ongoing Strikes Will Mean $300M-$500M Hit to 2023 Earnings ...Middle East

Warner Bros. Discovery has lowered its 2023 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) forecast to $10.5 billion-$11.0 billion from the low end of the $11.0 billion-$11.5 billion range due to the continuing writers strike and actors strike. In a regulatory filing on Tuesday, the company, led by CEO David Zaslav, who has […]

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