Jacek_Sopotnicki Introduction Warner Bros. Discovery (NASDAQ:WBD) is a large media company born out of the merger between AT&T spin off Warner Brothers and Discovery. The deal created a company with a large debt load and significant earnings headwinds. Over the last year, Warner Brothers has committed to utilizing free cash flow to pay down debt, something I discussed back in May. Today, I still believe in the long-term value of Warner Bros. Discovery, but I am finding an easier time in the selling of cash ...

1 1 RudyBalasko Above: The Palace still reigns supreme as a recognized brand leader. The $31b paid for Caesars Entertainment, Inc. (NASDAQ:CZR) by private equity firms Apollo Global Management, Inc. (APO) and TPG Inc. in 2008 became an epic disaster which still haunts the stock. After a gigantic $18b struggle with bondholders after the 2015 Chapter 11 filing, CZR emerged in 2017 with the massive debt burden still weighing down its prospects. Mr. Market should understand how Warner Bros. Discovery, Inc. (WBD ...

JHVEPhoto Up until now, free cash flow of Warner Bros. Discovery (NASDAQ:WBD) has literally carried the acquisition of Warner Bros. As Gunnar Wiedenfels, CFO, mentioned during the latest roadshow: "it's important to keep in mind, we went from essentially no free cash flow when we started negative free cash flow [indiscernible] to $6.2 billion last year" Up until now, the huge outperformance on free cash flow has not impressed the market because it is widely perceived as not coming from operations. But the c ...

It has been about a month since the last earnings report for Warner Bros. Discovery (WBD) . Shares have added about 5.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Warner Bros. Discovery due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Warner Bros. Discovery ...

Warner Bros. Discovery, Inc. (NASDAQ:WBD) Bank of America's 2024 Media, Communications and Entertainment Conference September 4, 2024 3:35 PM ET Company Participants Gunnar Wiedenfels - Chief Financial Officer Conference Call Participants Jessica Reif Ehrlich - Bank of America Securities Jessica Reif Ehrlich [Call Start Abruptly] Gunnar Wiedenfels, the CFO of Warner Bros. Discovery, and we have a lot of ground to cover. So, we actually made this session a bit longer than everybody else's because you're so s ...

BalkansCat Warner Bros. Discovery (NASDAQ:WBD) stocks once again traded below $7 after weak Q2 earnings, and although it has already returned to a level close to $7.7, at this level, the company is one of the cheapest telecoms, trading at multiples of 2.8x price-to-FCF (LTM) and 6x EV-to-EBITDA over the next twelve months. This high asymmetry in valuation and other positive factors in earnings, such as the addition of subscribers, were overshadowed by bigger problems. One of them was that the company booked ...

Warner Bros. Discovery said Kathleen Finch, chairman and CEO of U.S. Networks, will retire at year end after 25 years at the company with Channing Dungey, Warner Bros. Television Group Chairman and CEO, tapped as her successor. "There is no one better at developing captivating content, compelling talent, and meaningful lifestyle brands than Kathleen, who has been my partner as we built our premier entertainment networks at Discovery and created Warner Bros. Discovery as an unscripted powerhouse. While I und ...

Is there any saving Warner Bros. Discovery? Warner Bros. Discovery (WBD -2.76%) seems to have a good position in streaming. Its HBO shows are hits, and there's plenty of sports and other content to make a compelling service. But the business is bleeding money and losing the NBA. Travis Hoium shows why the company is already in a downward spiral in this video. *Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024. ...

JHVEPhoto Warner Bros. Discovery (NASDAQ:WBD) put out a report that disappointed the market yet again. Management had long warned about qualitative issues (that are hard for Mr. Market to see and harder still to measure) that appeared to extend the time to resolve the challenges presented by the acquisition. Even though management set about resolving those challenges, the market has searched for a storyline that is far easier to understand and much easier to measure, rather than going with the complex issue ...

NEW YORK, Aug. 9, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("WBD" or the "Company") (NASDAQ: WBD). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether WBD and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On August 7, 2024, WBD ...