Warner Bros. Discovery Sees Film Studio Fly, Ad Revenue Slump In Mixed Q3 Amid Sale-Or-Split Fever ...Middle East

Three hits in three months buoyed Warner Bros. as advertising tanked at media networks in a mixed third quarter that reinforces the logic of a sale or split. WBD reported consolidated revenue down 16% to $1.4 billion — missing Wall Street forecasts — and swung to a net loss of $148 million. Adjusted earnings of […]

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