Warner Bros. Discovery Sees $2.1 Billion Loss in Q4 After Big Writedown; Ad Sales Tumble
variety.comSubmitted by Neo2199 t3_11a9aao in television
Jaguarluffy t1_j9qtict wrote
Reply to comment by ChronicMaster912 in Warner Bros. Discovery Sees $2.1 Billion Loss in Q4 After Big Writedown; Ad Sales Tumble by Neo2199
why are we acting like this is a problem unique to warner - literally every single streamer is going through the smae issue because their not making as much money under streaming - this is why amc is cutting, paramount is cutting, starz is cutting, showtime is cutting, disney is cutting - the only ones not usting are amazon and apple where thier streaming network is more like advertising for the brand rather than profit.
ChronicMaster912 t1_j9s1gnw wrote
Warners was particularly bad under AT&T since DirectTV was also bleeding money.
You're right though they're not unique in that regard, they're just a few years further down the slope then everyone else most likely
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