Warner Bros. Revenue Falls Due to NBA Deal Loss and Weak Summer Movies
Macro·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Warner Bros. Discovery Inc. reported a drop in sales due to the loss of a deal to carry National Basketball Association games and its summer movie lineup has not performed well.
However, all eyes are on the planned acquisition by Paramount Skydance. Geetha Ranganathan of Bloomberg Intelligence has more.
Warner Bros.Paramount
Sources
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“Warner Bros. Discovery Inc. reported a drop in sales due to the loss of a deal to carry National Basketball Association games and its summer movie lineup has not performed well.”
Bloomberg — Warner Bros. Revenue Falls, But Focus Is on Planned Merger