US9344231041 - Common Stock
10.79 -0.24 (-2.18%)
WARNER BROS DISCOVERY INC
NASDAQ:WBD (9/28/2023, 10:08:06 AM)
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Warner Bros.Discovery, Inc. operates as a media and entertainment company. The company is headquartered in New York City, New York and currently employs 37,500 full-time employees. The company went IPO on 2005-07-06. Discovery, Inc. is a global media and entertainment company. The firm operates through three segments: Studios, Networks, and DTC. The Studios segment consists of the production and release of feature films for initial exhibition in theaters, production, and initial licensing of television programs to third parties. The company also includes networks/DTC services, distribution of its films and television programs to various third party and internal television and streaming services, distribution through the home entertainment market (physical and digital), related consumer products and themed experience licensing, and interactive gaming. The Networks segment primarily consists of its domestic and international television networks. The DTC segment primarily consists of its premium pay-TV and streaming services. The firm's brands and franchises include Warner Bros. Pictures Group, Warner Bros. Television Group, DC, HBO, HBO Max, Discovery Channel, discovery+, and CNN.
WARNER BROS DISCOVERY INC
230 Park Avenue South
New York City NEW YORK
The stock has been on an epic decline, but management believes it can bounce back.
After a five-month strike, Hollywood writers are set to return to work as unions approve a new contract with studios.
media companies should leverage their current content libraries to limit their long-term profitability challenges, said TECHnalysis Research president and chief analyst Bob O’Donnell.
DraftKings is still fighting to win marketing deals with TV networks and the right to do business in many U.S. states.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Monday. Below you can find the top S&P500 gainers and losers in today's session.
Top S&P500 movers in Monday's session
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