Is Warner Bros.'s New Deal the Spark It Needs to Reignite Shares?
WBDWarner Bros. Discovery(WBD) Benzinga·2024-09-24 01:29

Warner Bros. Discovery WBD is one of the world's biggest names when it comes to entertainment. Although it has overall been a bad year for the company's stock price, positive news has allowed shares to recover. On September 12th, the company announced a multi-year deal with one of the largest U.S. cable TV companies, Charter Communications CHTR, also known as Spectrum. Since the announcement, shares have been up 21%. Let's dive deeper into what the announcement means for Warner Bros.'s long-term future and ...