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1. • • Warner Bros. Discovery has become the first Hollywood conglomerate to turn a profit for its streaming unit for a full year. In 2023, the company, led by CEO David Zaslav, reported a profit of $103 million, compared with a loss of nearly $2.1 billion for all of 2022 for what it calls its “Direct-to-Consumer,” or DTC, unit.
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     Warner Bros. Discovery Q4 Earnings Report: Streaming Profit ...

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   Did Warner Bros Discovery make a profit in 2023?

   • Warner Bros. Discovery has become the first Hollywood conglomerate to turn a profit for its streaming unit for a full year. In 2023, the company, led by CEO David Zaslav, reported a profit of $103 million, compared with a loss of nearly $2.1 billion for all of 2022 for what it calls its “Direct-to-Consumer,” or DTC, unit.

   Warner Bros. Discovery Becomes First Hollywood Conglomerate to Turn…

   www.hollywoodreporter.com/business/business-news/warner-bros-discovery-streaming-profit-2023-q4-earnings-report-1235832538/?ref=upstract.com

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   Should you buy Warner Bros Discovery (WBD)?

   • That, combined with continued punishment by the market, with a 10% decline in share price since our last update, pushes our recommendation to a Strong Buy, as we'll discuss in more detail below. Warner Bros. Discovery had a strong quarter despite a 7% decline in revenues caused by relative weakness across the board.

   Warner Bros. Discovery Is A Hidden Opportunity For Smart Investors

   seekingalpha.com/article/4695008-warner-bros-discovery-hidden-opportunity-for-smart-investors

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   Is Warner Bros Discovery a good investment?

   • The company also has some portfolio bright spots, such as its new streaming sports venture with Disney and NBCUniversal that in many ways replaces traditional cable. That combination helps to highlight Warner Bros. Discovery as a valuable long-term investment. Let us know your thoughts in the comments below.

   Warner Bros. Discovery Is A Hidden Opportunity For Smart Investors

   seekingalpha.com/article/4695008-warner-bros-discovery-hidden-opportunity-for-smart-investors

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   Does Warner Bros Discovery have a debt load?

   • Warner Bros. Discovery ( NASDAQ: WBD) is among the largest media companies in the world. However, the company has continued to be pressured by its debt load along with a decline in its traditional assets, pushing its market capitalization to below $20 billion.

   Warner Bros. Discovery Is A Hidden Opportunity For Smart Investors

   seekingalpha.com/article/4695008-warner-bros-discovery-hidden-opportunity-for-smart-investors

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3. seekingalpha.com › article › 4695008-warner-brosWarner Bros. Discovery Is A Hidden Opportunity For Smart ...

   seekingalpha.com › article › 4695008-warner-bros

   May 22, 2024 · Warner Bros. Discovery (WBD): A fairly large stake in WBD was established in Q2, 2022 at prices between ~$13 and ~$26. The next quarter saw a ~60% increase at prices between ~$11.30 and ~$17.50.

4. wbd.com › warner-bros-discovery-reports-firstWARNER BROS. DISCOVERY REPORTS FIRST-QUARTER 2024 RESULTS

   wbd.com › warner-bros-discovery-reports-first

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   May 9, 2024 · Warner Bros. Discovery, Inc. (the “Company”) (Nasdaq: WBD) today reported financial results for the quarter ended March 31, 2024. The Company will conduct a conference call today at 8:00 a.m. ET to discuss the results.

5. www.hollywoodreporter.com › business › business-newsWarner Bros. Discovery Q4 Earnings Report: Streaming Profit ...

   www.hollywoodreporter.com › business › business-news

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   Feb 23, 2024 · Warner Bros. Discovery has become the first Hollywood conglomerate to turn a profit for its streaming unit for a full year. In 2023, the company, led by CEO David Zaslav, reported a profit of...

6. www.zacks.com › stock › researchWBD: Warner Bros. Discovery - Full Company Report - Zacks.com

   www.zacks.com › stock › research

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   4 days ago · On Apr 8, 2022, Discovery completed its merger with the WarnerMedia business of AT&T and rebranded itself as Warner Bros. Discovery, Inc. Following this merger, the company's shares began...

7. en.wikipedia.org › wiki › Warner_BrosWarner Bros. Discovery - Wikipedia

   en.wikipedia.org › wiki › Warner_Bros

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   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.

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     Warner Bros. Discovery CEO David Zaslav explains how it turned a $50 million streaming profit in Q1

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9. www.hollywoodreporter.com › business › business-newsWarner Bros. Discovery Stock Analysts on Q1 Earnings Report

   www.hollywoodreporter.com › business › business-news

   May 9, 2024 · Warner Bros. Discovery, the entertainment giant led by CEO David Zaslav, has been a work-in-progress since the mega-merger of Discovery and AT&T’s WarnerMedia that created it in April 2022....

10. ir.wbd.com › news-and-events › financial-newsWARNER BROS. DISCOVERY REPORTS FIRST-QUARTER 2023 RESULTS

    ir.wbd.com › news-and-events › financial-news

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    May 5, 2023 · Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today reported financial results for the quarter ended March 31, 2023. Please visit the "Investor Relations" section of the Company's website at https://ir.wbd.com/ to view the financial results and other earnings materials.