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WBD / Warner Bros. Discovery Now Sees Up To $3.5 Billion In Content Write-Downs, $1 Billion More Than Previously Anticipated

Warner Bros. Discovery Now Sees Up To $3.5 Billion In Content Write-Downs, $1 Billion More Than Previously Anticipated
Warner Bros Discovery said today it now expects to incur total pre-tax restructuring charges of $4.1 – $5.3 billion, which includes $2.8 – $3.5 billion of content impairment and development write-offs as it takes a hatchet to its programming. That's well above the merged company's initial announcement of charges for $3.2 – $4. Read More
Posted: Dec 14 2022, 16:54
Author Name: Deadline
Views: 110255

WBD News  

Warner Bros. Discovery: Undervalued Against Peers As Earnings Are Poised To Rise

By Seeking Alpha
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Warner Bros. Discovery: Undervalued Against Peers As Earnings Are Poised To Rise

WBD continues to show net loss since the merger, but this scenario will soon change. It is generating FCF and Earnings will follow. Compared to its pe more_horizontal

Warner Bros. Discovery (WBD) Rises Higher Than Market: Key Facts

By Zacks Investment Research
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Warner Bros. Discovery (WBD) Rises Higher Than Market: Key Facts

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Warner Bros. Discovery, Cosm launch immersive reality domes

By Yahoo Finance
October 31, 2023

Warner Bros. Discovery, Cosm launch immersive reality domes

Warner Bros. Discovery (WBD) plans to partner with Cosm Technology to launch locations for immersive ""shared reality"" domes for sports viewing exper more_horizontal

Warner Bros. Discovery's 3Q free cash flow to be bolstered by strikes-related savings

By Proactive Investors
October 30, 2023

Warner Bros. Discovery's 3Q free cash flow to be bolstered by strikes-related savings

The impact of the then-dual Hollywood writers and actors strike during the third quarter will be in focus when Warner Bros Discovery Inc (NASDAQ:WBD) more_horizontal

TNT Sports eyes discount for Premiership Rugby rights

By Proactive Investors
October 24, 2023

TNT Sports eyes discount for Premiership Rugby rights

TNT Sports, formally known as BT Sports, is closing in on a deal to continue showing Premiership Rugby, with the broadcaster eyeing up a discount for more_horizontal

Warner Bros. Discovery: The Worst Has Been Avoided

By Seeking Alpha
October 23, 2023

Warner Bros. Discovery: The Worst Has Been Avoided

Warner Bros. Discovery is one of the world's largest media and entertainment conglomerates headquartered in New York. On November 8, Warner Bros. Disc more_horizontal

Time to Buy Warner Bros. Discovery On Its March to Profitability?

By MarketBeat
October 23, 2023

Time to Buy Warner Bros. Discovery On Its March to Profitability?

Media and entertainment giant Warner Bros. Discovery Inc. NYSE: WBD has hit a major milestone among streaming service providers: profitability. more_horizontal

Warner Bros. Discovery (WBD) Falls More Steeply Than Broader Market: What Investors Need to Know

By Zacks Investment Research
October 19, 2023

Warner Bros. Discovery (WBD) Falls More Steeply Than Broader Market: What Investors Need to Know

In the latest trading session, Warner Bros. Discovery (WBD) closed at $10.39, marking a -1.8% move from the previous day. more_horizontal


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