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Warner Bros. Discovery, CNN’s corporate parent, announced Thursday it is establishing a new corporate structure that splits its cable networks off from its growing streaming business.
Warner Bros. Discovery hopes a split will lead to a better chance of making it whole. ... Why Trump Media stock skyrocketed 94.9% in 2024 and is climbing higher in 2025. Finance.
Warner Bros. Discovery stock, which has been gaining ground in recent weeks after falling to a low of about $6 a share earlier this year, jumped 15.4% on the news to $12.49.
(Reuters) -Warner Bros Discovery said on Thursday it would separate its declining cable TV business from the growing streaming and studio operations, laying the groundwork for a potential sale or ...
Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City.It was formed from WarnerMedia's spin-off by AT&T and merger with Discovery, Inc. on April 8, 2022.
UPDATED: Shares of Warner Bros. Discovery slid more than 12% in early trading Thursday to all-time lows after the media conglomerate — heavily reliant on its pay-TV business — announced a ...
Wells Fargo on Monday downgraded its rating on WBD stock from Equal Weight from Overweight and trimmed its price target from $16 to $12 per share. Shares of Warner Bros. Discovery dropped as much ...
Warner Bros. Discovery stock rose in early trading on Thursday after the company ... The company reported adjusted earnings per share of $0.05 versus a loss of $0.17 in the year-earlier period ...