hapabapa Warner Bros. Discovery (NASDAQ:WBD) is not for the faint-hearted. The company's earnings are contracting due to declining linear TV viewership, it is also saddled with a mountain of debt. The stock is cheap, though, very cheap! Warner Bros is trading at ~3.5x adjusted earnings and also owns a bunch of valuable intellectual property. We initiated the coverage of Warner Bros. in June and are now revising our initial buy thesis after it was announced that the company will lose NBA broadcasting rights ...

Key Takeaways Warner Bros. Discovery shares surged after the entertainment giant renewed its distribution deal with Charter Communications. The agreement increases the fees Charter will pay to carry certain Warner Bros. TV channels and maintains stable fees for TNT. Executives reportedly believe the deal could provide leverage as Warner Bros. Discovery negotiates renewals with other pay TV providers. Warner Bros. Discovery (WBD) shares soared 10% on Thursday, the top performance in the S&P 500, after the en ...

Topline Warner Bros. Discovery's stock experienced one of its strongest days of trading in recent months on Thursday, after the media conglomerate announced a deal with Charter Communications that will bring the Max streaming service to standard cable packages. Warner Bros. Discovery shares closed up 72 cents. (Photo Illustration by Budrul Chukrut/SOPA ... [+] Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Key Facts Warner Bros. Discovery shares closed up 10.3% at $7.66, recov ...

Warner Bros. Discovery, Inc. (NASDAQ:WBD) Goldman Sachs Communacopia + Technology Conference September 12, 2024 1:10 PM ET Company Participants David Zaslav - President & Chief Executive Officer Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Thank you, everybody. Welcome to the Warner Bros. Discovery fireside chat at the Goldman Sachs Communacopia and Technology Conference. I have the privilege of introducing David Zaslav, who is the President and CEO of Warner Bros. Discovery. David has been ...

Warner Bros. Discovery, Inc. (NASDAQ:WBD) Goldman Sachs Communacopia + Technology Conference September 12, 2024 1:10 PM ET Company Participants David Zaslav - President & Chief Executive Officer Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Thank you, everybody. Welcome to the Warner Bros. Discovery fireside chat at the Goldman Sachs Communacopia and Technology Conference. I have the privilege of introducing David Zaslav, who is the President and CEO of Warner Bros. Discovery. David has been ...

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 ...