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0 -0.000579038795599396 0.00115807759119859 2.31615518239182E-05 -0.00579038795599313 -0.00867400115807774 -0.0047596988998263 -0.00694846554719172
Stock impact report

A Look Back at Media Stocks' Q4 Earnings: Warner Bros. Discovery (NASDAQ:WBD) Vs The Rest Of The Pack [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Today, we are looking at media stocks, starting with Warner Bros. Discovery (NASDAQ:WBD). The advent of the internet changed how shows, films, music, and overall information flow. As a result, many media companies now face secular headwinds as attention shifts online. Some have made concerted efforts to adapt by introducing digital subscriptions, podcasts, and streaming platforms. Time will tell if their strategies succeed and which companies will emerge as the long-term winners. The 7 media stocks we track reported a satisfactory Q4. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 29.3% below. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 12.6% since the latest earnings results. Formed from the merger of WarnerMedia and Discovery, Warner Bros. Discovery (NASDAQ:WBD) is a multinational media and entertainment company, offering television networks, streaming serv Show less Read more
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