Established media companies like Warner Bros. Discovery (NASDAQ: WBD) that own top movie studios may have natural advantages to compete with Netflix and Disney, given their century-long heritage of delivering countless blockbusters on the silver screen. A weakening advertising market caused Warner Bros. Discovery to miss analysts' estimates on revenue and earnings in the fourth quarter. What jumps out when looking at Warner Bros. Discovery is its impressive lineup of top entertainment properties to monetize and drive growth over the long term. Read More...
Established media companies like Warner Bros. Discovery (NASDAQ: WBD) that own top movie studios may have natural advantages to compete with Netflix and Disney, given their century-long heritage of delivering countless blockbusters on the silver screen. A weakening advertising market caused Warner Bros. Discovery to miss analysts’ estimates on revenue and earnings in the fourth quarter. What jumps out when looking at Warner Bros. Discovery is its impressive lineup of top entertainment properties to monetize and drive growth over the long term.
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