Warner Bros. Discovery: An Income Option To Dodge Volatility

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 ...