This Media Giant Is in a Downward Spiral
Warner Bros. Discovery (NASDAQ: WBD) 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.
Source Fool.com
Discovery Communications Inc. B Stock
€21.80
1.870%