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The ratings firm marked WBD down to BB+ on overall cable TV weakness as the Hollywood studio pivots to the streaming space.
S&P downgraded Warner Bros. Discovery to BB+ amid continued revenue and cash flow declines at its linear TV operations.
Another interesting company going through a similar transition is entertainment behemoth Warner Bros. Discovery (NASDAQ:WBD).
Investing.com -- S&P Global Ratings has downgraded the issuer credit rating of Warner Bros. Discovery Inc. (NASDAQ: WBD) to ’BB+’ due to weakening credit metrics. The rating agency also lowered its ...
Warner Bros. Discovery had a mixed first quarter with beats on streaming subs and profit, a drop in revenue from the film ...
Warner Bros. Discovery had a plan to turn HBO into Netflix. Here’s where it went wrong.
NEW YORK — Warner Bros. Discovery U.S. Ad Sales has unveiled NEO and DemoDirect, two advertising solutions it said will provide clients with more effective and efficient tools to buy inventory across ...
The multi-year pact marks the "Freaks and Geeks" creator's first with the studio and will see him create shows in all genres.
Big changes are coming to Warner Bros. Discovery’s board. Zaslav’s mentor — the cable television pioneer John Malone — announced his plans to step down as a voting member.