HBO Max Hit 131.6M Subs, NBA Exit Squeezed Advertising As WBD Deal Drama Dominates Q4

Warner Bros. Discovery had a soft fourth quarter as media networks shed subscribers and advertising took a hit year-on-year from the loss of the NBA. But the roiling M&A tide, with Paramount suddenly in a position to possibly hijack a planned Netflix transaction, is top of mind on Wall Street amid WBD’s latest financials. The […]

By jillg366