Fubo CEO Encouraged by Support From Competitors in Battle Against Disney-Fox-WB Sports Venture: ‘An Existential Challenge' [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
Discovery by again accusing the companies of engaging in anticompetitive practices to block the sports streaming platform's business. In February, Fubo filed an antitrust lawsuit arguing that Fox, Disney and WBD had “leveraged their iron grip on sports content to extract billions of dollars in supra-competitive profits” through charging consumers more for sports content, resulting in damage to both Fubo and its customers. In Fubo's first quarter earnings call on Friday morning David Gandler, the sport streamer's co-founder and CEO, said, “In the first quarter, we spent approximately 90% of our total revenue on content. The exorbitant fees imposed on us and consequently on our customers are well above the market. “These issues are at the core of our current litigation against the Walt Disney Company, Fox Corp. and Warner Bros. Discovery. We allege that this JV has engaged in longstanding anti-competitive practices aimed at monopolizing the market, suppressing competition and depr
Show less
Read more
Impact Snapshot
Event Time:
WBD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WBD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WBD alerts
High impacting Warner Bros. Discovery, Inc. - Series A news events
Weekly update
A roundup of the hottest topics
WBD
News
- 'Dune: Part Two' Streaming on Max: Release Date and Time [CNET News]CNET News
- GEP GRABS TWIN HONORS FOR BEST PROCUREMENT CONSULTANCY AND PROCUREMENT TECHNOLOGY PROVIDER AT PRESTIGIOUS WORLD PROCUREMENT AWARDS [Yahoo! Finance]Yahoo! Finance
- A Massive Media Decision Could Be in M.L.B.’s Future [The New York Times]The New York Times
- Disney and Bob Iger Just Pulled a Fast One on Netflix [Yahoo! Finance]Yahoo! Finance
- This English teacher ditched the 9 to 5 to lead treks across the desert [CNN]CNN
WBD
Earnings
- 5/9/24 - Miss
WBD
Sec Filings
- 5/17/24 - Form 8-K
- 5/15/24 - Form 4
- 5/14/24 - Form 8-K
- WBD's page on the SEC website