Warner Bros. Discovery (WBD) Update / Briefing June 09, 2025 08:30 AM ET Speaker0 Ladies and gentlemen, welcome to the Warner Bros. Discovery Investor Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Additionally, please be advised that today's conference call is being recorded. I would now like to hand the conference over to Mr. Andrew Slabin, Executive Vice President, Global Investor Strategy. Sir, you may begin. ...

Core Viewpoint - Warner Bros. Discovery is splitting into two separate companies to better adapt to the changing media landscape, with one focusing on streaming and Hollywood blockbusters, and the other on cable TV and global networks [1][2][3] Group 1: Company Structure and Strategy - The new company, tentatively named Global Networks, will include cable channels like CNN, TBS, TNT, and the Discovery+ streaming service, along with sports content such as Bleacher Report [1][2] - The Streaming & Studios division will encompass HBO Max, Warner Bros. movie studios, and its television production arm [2] - This restructuring aims to empower each division to focus on its strengths and enhance strategic flexibility in a competitive market [3][15] Group 2: Market Context and Financial Performance - Traditional cable TV is experiencing a significant decline in viewership as consumers shift to streaming platforms like Netflix and Disney+ [4] - Warner Bros. Discovery's cable network revenue fell by 6% in the first three months of 2025 compared to the same period last year, although it still generated more revenue than other segments [8] - The company is facing pressure as its stock has dropped nearly 60% since its formation, and 59% of shareholders recently opposed a substantial pay package for the CEO [11][12] Group 3: Debt and Financial Management - Warner Bros. Discovery carries approximately $34 billion in debt, much of which was incurred during the merger, with a significant portion remaining with Global Networks [13] - To facilitate the split, the company secured a $17.5 billion short-term loan from JPMorgan Chase, which will be repaid through new debt issued by the two new companies [14]

Warner Bros Discovery will split into two public companies by next year, calving off its cable operations from its streaming service.Warner Bros Discovery said on Monday that Streaming & Studios will include Warner Bros Television, Warner Bros Motion Picture Group, DC Studios, HBO and HBO Max, as well as their film and television libraries.The Global Networks company will include CNN, TNT Sports in the US, and Discovery, top free-to-air channels across Europe, and digital products such as the Discovery+ str ...

Core Viewpoint - The market is recovering, but Roku's stock is significantly down, trading 84% below its peak from July 2021, raising questions about its long-term investment potential [1] Group 1: Industry Trends - The internet is reshaping industries, particularly in streaming entertainment and digital advertising [3] - Roku benefits from these trends by providing a platform that aggregates content, holding a top market share among smart TV operating systems in North America [4] Group 2: Company Performance - Roku reported a 16% revenue increase in Q1 2025, following an 18% growth in 2024, with 89.8 million memberships at the end of last year [5][6] - 86% of Roku's Q1 2025 sales came from its platform segment, which includes advertising revenue [6] Group 3: Financial Situation - Roku generated $242 million in net income in 2021, but has reported cumulative net losses of $866 million over the past nine quarters [8] - The company has a strong balance sheet with $2.3 billion in cash and no debt, reducing financial risk [9] Group 4: Valuation and Competitive Landscape - Roku's stock trades at a price-to-sales ratio of 2.7, which is 69% below its historical average, indicating a compelling valuation [10] - The competitive landscape includes major players like Alphabet, Amazon, and Apple, which poses challenges for Roku [11] Group 5: Long-term Outlook - Roku has the potential for significant growth due to its valuation, industry position, and growth prospects, making it a candidate for long-term investment [12]

CANADA - 2025/05/29: In this photo illustration, the GameStop (Game Stop) logo is seen displayed on ... More a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesMeme stock – GameStop (NYSE:GME) – is set to release its earnings on Tuesday, June 10, 2025. Historically, GameStop's stock has exhibited a favorable one-day return in 55% of cases following earnings announcements over the last five years. The average positive ret ...

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文 | 雷报 十九 编辑 | 努尔哈哈赤 一张成年人手掌大小的纸片，让无数年轻人"竞折腰"，明星小卡这种周边到底有什么魔力？ 艾瑞咨询数据显示，2025年中国收藏卡行业市场规模预计达到276.6亿元，其中球星卡/明星卡消费者规 模约358.7万人，市场规模将接近100亿。泛娱乐的广阔市场，为球星卡、明星卡的发展提供了巨大的增 量空间。目前，无论在微博还是小红书，抑或闲鱼等二手交易平台，明星小卡都是当之无愧的热门话 题，有人愿意为了喜欢的小卡整日蹲守，也有人愿意为了一张稀有卡豪掷数万。此外，打包、收纳等话 题也有大量用户关注和点赞，明星小卡俨然成为了新时代的社交硬通货和财富密码。 就在最近，腾讯音乐宣布以12.9亿元的价格收购韩国娱乐巨头HYBE手中持有的所有SM娱乐股份，双方 宣布将共同开展多项业务，其中的IP业务就提到了实体与数字小卡、角色商品、快闪店等。而在此之 前，腾讯音乐围绕明星小卡也动作颇多。 那么，伴随年轻人的狂热、痴迷，连腾讯也不得不入局的"明星小卡"生意，到底是怎样的？背后又有着 怎样的消费逻辑？它值得从业者为其进行奔赴吗？ 明星小卡到底是什么？有多火？ 如果要拆分明星小卡的性质，其实说白了就 ...

36氪诚邀您的参与， 期待发现更多具备全球化视野的创新力量。 另外，新兴消费市场也在迅速崛起，Z世代逐渐成为消费主力，他们偏好多元，注重体验与文化认同。 谁能精准捕捉并满足这些需求，谁就能在重塑的全球商业版图中抢占先机。 在这场深刻的全球变局中，中国企业出海已驶入深水区。 世界商业的版图，从未像今天这般剧烈重塑。 技术洪流、产业迁移与消费新生代交织碰撞，正催生出一个新的全球化时代。 当下，数字技术与实体经济的边界加速消融，AI、云计算、物联网不再只是概念，而是重构全球产业链、催生新商业物种的基石。 技术驱动型创新企业，正站在开拓"新大陆"的最前沿。 与此同时，全球供应链从单纯追求效率，转向兼顾韧性与安全，核心技术掌控力、关键环节把控度，成为企业争夺全球话语权的关键。 唯有具备"硬核"竞争力的玩家，才能在激烈竞争中立于不败之地。 数据显示，2025年中国出海企业规模预计将突破2.5万亿美元，占中国GDP的12.7%。其中，人工智能、数字娱乐、消费升级等新兴领域的出海增速，已大 幅超越传统行业。 基于对中国企业全球化趋势的深度洞察，今年4月，36氪正式发起"East Forward 2025出海全球化创新名册"评 ...

Newly Created Role Centralizes Ad Sales Marketing Across the FOX PortfolioNEW YORK, June 5, 2025 /PRNewswire/ -- Accomplished marketing executive Puja Vohra has joined Fox Corporation (Nasdaq: FOXA, FOX) as Chief Marketing Officer and Executive Vice President, Advertising Sales reporting to Jeff Collins, President, Advertising Sales, Marketing and Brand Partnerships.In this newly created role, Vohra will be responsible for developing and executing ad sales marketing strategies spanning the FOX portfolio whi ...

The venue will be located along Route 46 near the intersection of I-80 and I-280DALLAS, June 5, 2025 /PRNewswire/ -- Topgolf announced today that it broke ground on a three-level venue in Parsippany, New Jersey, which is set to open in the summer of 2026. This will be Topgolf's third venue in the state, joining existing locations in Mount Laurel and Edison.The Basics Topgolf Parsippany is set to open in the summer of 2026. If you've never been to a Topgolf venue before, think of it as a modern golf e ...