Warner Bros. Discovery chief David Zaslav largely evaded questions about NBA talks and Paramount Global‘s potential as a WBD merger partner, but he did weigh in on the hot topic of executive pay. “All CEOs need to be paid with alignment with shareholders,” he declared. In 2023, a year when his company’s stock price hovered around $10 a share, less than half of its value when it began trading in 2022, Zaslav collected a total payday of $49.7 million, up more than $10 million from the prior year. The commen ...

Wall Street analysts forecast that Warner Bros. Discovery (WBD) will report quarterly loss of $0.24 per share in its upcoming release, pointing to a year-over-year decline of 233.3%. It is anticipated that revenues will amount to $10.29 billion, exhibiting a decline of 3.8% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course ...

Warner Bros Discovery Hits Low on Failed Merger Thearon W. Henderson / Getty Images The merger between AT&T’s media properties, including Warner Bros., and smaller Discovery, is now officially a failure. Warner Bros. Discovery Inc. (NASDAQ: WBD) shares hit an all-time low two years after the transaction in April 2022. Much-criticized CEO David Zaslav had a magic touch at Discovery. That is entirely wrong.The last chapter of the catastrophe is that the company could lose its deal with the NBA. News of this ...

Shares of the streamer moved lower on reports it could lose NBA rights.Shares of Warner Bros. Discovery (WBD -9.02%) were heading lower today on reports that its TNT cable network was expected to lose the rights to air the NBA in the latest auction.Separately, the stock also seemed to be declining in response to Paramount Global's slide after its rival reported disappointing earnings and took a step closer to a merger, seemingly putting a nail in the coffin of a once-rumored merger with Warner Bros. Discove ...

Warner Bros. Discovery (WBD) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this operator of cable TV channels such as TLC and Animal Planet have returned -3% over the past month versus the Zacks S&P 500 composite's -3% change. The Zacks Broadcast Radio and Television industry, to which Warner Bros. Discovery belongs, has lost 9.3% over this period. Now ...

Warner Bros Discovery Inc (NASDAQ:WBD) was downgraded by Wolfe Research to "underperform" from "peer perform" this morning. The firm currently holds a $7.00 price target on the stock, which is a slight discount to current levels. WBD has rebounded from its post-bear note dip, however, now up 1.1% at $8.56. Still hovering near its recent 15-year low of $8.02 on March 5, the broadcasting name is down roughly 25% since the start of the year. Though calls are still winning out on an absolute basis, puts are mo ...

Warner Bros. Discovery CEO David Zaslav’s annual compensation rose nearly 27% to $49.7 million in 2023, a filing with the Securities and Exchange Commission showed on Friday.The rise in pay was partly related to the loss-making media conglomerate’s decision to align its executive compensation to focus more on debt reduction and free cash flow.Warner Bros Discovery reported an 86% jump in free cash flow to $6.16 billion in 2023, largely because of lower spending during the Hollywood strikes that had paralyze ...

The most recent trading session ended with Warner Bros. Discovery (WBD) standing at $8.36, reflecting a +0.24% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 1.2%. Meanwhile, the Dow lost 0.65%, and the Nasdaq, a tech-heavy index, lost 1.79%.Prior to today's trading, shares of the operator of cable TV channels such as TLC and Animal Planet had lost 2.34% over the past month. This has was narrower than the Consumer Discretionary sector's loss of 4.46% and lagge ...

Jacek_Sopotnicki Investment Thesis: Warner Bros. Discovery (WBD) is a media and entertainment business that operates primarily in the segments of Studios, Networks, and DTC. Some notable brands they own include DC, Game of Thrones, Harry Potter, and many more household names while some of the primary platforms they operate through are TNT Sports, Max, and CNN. Warner Bros. Discovery was formed through a Reverse Morris Trust where AT&T (NYSE:T) spun off warner media and merged it with Discovery. Warner ...

NEW YORK, April 8, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that it will report its first-quarter 2024 results on Thursday, May 9, 2024, before the market opens. The Company will host a conference call at 8:00 a.m. ET that same day to discuss the results. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone rep ...