Warner Bros. Discovery revenue drops 6% as rivals…
Warner Bros. Discovery, at the middle of a high-stakes bidding conflict, reported a 6% drop in quarterly revenue, harm by declines for its conventional TV and movie companies though its HBO Max streaming service gained subscribers with buzzy sequence like “Heated Rivalry.”
The company in its earnings assertion on Thursday didn’t handle its discussions with Paramount Skydance, whose latest offer threatens to upend an current deal with Netflix.
Paramount enticed Warner Bros.’ board back to the bargaining desk last week by raising the chance of an improved money…
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