Warner Bros. Discovery continued to work on making all its various pieces, merged together last year, into a cohesive whole. The New York owner of the TNT and TBS cable networks, the HBO Max stream…
continued to work on making all its various pieces, merged together last year, into a cohesive whole.
Revenue fell 9%, excluding the results of foreign exchange, and the company saw ad sales decrease 14% as its TV networks, even as it worked to add subscribers to its HBO Max and Discovery+ streaming outlets., the company’s CEO, suggested that much of the hard work involved knitting together the former WarnerMedia and Discovery Communications, was complete. “We’re seeing strong
But the large media conglomerate faced declines in its main TV business even as it worked to goose the financials of its new streaming assets.
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