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With the expected continued slide of Warner Bros. Discovery‘s linear TV business, S&P Global Ratings has cut the media company’s credit rating to junk status. On Tuesday, S&P lowered its ...
On a positive note, Warner Bros. Discovery has seen healthy EBITDA growth at its direct-to-consumer streaming segment, with EBITDA increasing from $103 million in 2023 to $677 million in 2024.
Warner Bros. Discovery was downgraded to junk status by S&P Global Ratings on Tuesday, with the credit agency pointing to challenges facing its linear TV business as the primary driver.
By Etan Vlessing Canada Bureau Chief Warner Bros. Discovery has been downgraded to BB+, or junk bond status, for 2025 and 2026 by S&P Global over linear TV weakness as the Hollywood studio ...
Another interesting company going through a similar transition is entertainment behemoth Warner Bros. Discovery (NASDAQ:WBD). Back in January of last year, I decided to pass on giving the business ...
to below investment grade by S&P Global Ratings, according to a report on Tuesday. The issuer credit rating was lowered to BB+, one notch below investment-grade’s lowest rung of BBB-. The ...
Good afternoon from Los Angeles. It’s good to be home. I’ve just returned from New York, where I visited Saturday Night Live, saw Succession star Sarah Snook on Broadway and attended a Lady ...
S&P downgraded Warner Bros. Discovery to BB+ amid continued revenue and cash flow declines at its linear TV operations. Anything BB+ and below is junk bond status for the giant ratings agency.
By Etan Vlessing Canada Bureau Chief Bank of America’s securities research team sees the spinoff drama at Warner Bros. Discovery over its linear TV, studios and streaming businesses worth ...
Just when Warner Bros. seemed on the right track with A Minecraft Movie and Sinners becoming box office hits, the whole company was dealt another blow that, honestly, many saw coming. Newsom ...
In this article, we are going to take a look at where Warner Bros. Discovery, Inc. (NASDAQ:WBD) stands against other stocks that Jim Cramer discusses. A caller mentioned that they have a couple of ...