S&P Lowers Warner Bros. Discovery Outlook to Negative, Citing Linear TV Decline and Studio Weakness

The Wrap
By Lucas ManfrediAug 16, 2024, 1:34 pm161 pts
S&P Global has lowered its outlook on Warner Bros. Discovery from stable to negative and cut its 2024 and ’25 forecasts for the media giant due to continued challenges in its linear networks segment and weakness in its studios segment. “WBD’s first-half 2024 financial and operating performance has missed…

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