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2023

Warner Bros Discovery Q4 Revenue Slips On Ad And Studio Softness; Company Touts “Significant Operating And Financial Gains” In Streaming

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Warner Bros Discovery revenue fell 11% to $11 billion (or a drop of 9% when foreign exchange fluctuations are excluded), mostly due to advertising softness and tough studio comparisons. EBITDA also tumbled 5% to $2.6 billion. Shares in the media giant shed about 3% in after-hours trading as investors digested the less-than-scintillating report. On the […]














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