Leave it to Warner Bros. Discovery to brag that it saved $100 million due to the strikes
, which is up from losing $3.
42 billion at this time last year—with the following silver lining: They$100 million thanks to the strikes! And it’s only going to get better if the strikes go on through the end of the year! Since they’re not spending money making anything or paying the artists who make it for them, any cash that’s coming in can be used for other things, which is… good?It’s lousy optics, especially coming from this company, but Zaslav did at least hop onto the earnings call to repeatedly insist that WBD is “in...
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Warner Bros. Saved Over $100 Million in Q2 Due to Strikes, David Zaslav Talks NegotiationWarner Bros. saved over $100 million in 2023's second quarter as a result of the strikes, and David Zaslav is open to negotiation.
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Warner Bros. Says Strikes Saved Studio 'More Than $100 Million' So FarThe studio's Q2 earnings call revealed a perplexing duality to WB's hopes for the outcome to the WGA and SAG-AFTRA strikes.
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Warner Bros. Discovery’s David Zaslav Claims Strike Has Saved Studio MillionsActors and writers are currently on the picket lines, fighting for their rights.
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Warner Bros. Discovery Sheds 1.8 Million Streaming Subscribers During Max Launch QuarterWarner Bros. Discovery lost 1.8 million subscribers across streamers Max and Discovery+ as well as HBO, from April 1-June 30, the quarter during which it launched Max. Streaming subscribers across …
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Warner Bros. Discovery stock gains after earnings as free cash flow positively surprisesWarner Bros. Discovery topped free cash flow expectations in its latest quarter and grew per-user revenue in streaming on a sequential basis. Its shares were...
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Warner Bros. Discovery loses subscribers after Max launch, but shares rise on debt paydownWarner Bros. Discovery reported second-quarter results that fell below Wall Street expectations and revealed decreasing subscriber totals.
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