#Warner Bros. Discovery Analysts React to Streaming and Debt Progress, With One Downgrading Stock

#Warner Bros. Discovery Analysts React to Streaming and Debt Progress, With One Downgrading Stock

Warner Bros. Discovery’s progress in making its streaming business profitable and reducing its debt after the mega-merger that created the Hollywood giant was in Wall Street’s focus on Thursday. With the entertainment conglomerate’s second-quarter results in the book, including a streaming loss of just $3 million, and management commentary, including boosting its post-merger cost-savings target…

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#Wall Street’s Mid-Year Hollywood Stock Picks for Challenging Times

#Wall Street’s Mid-Year Hollywood Stock Picks for Challenging Times

Streaming businesses are getting overhauled in the hope of reaching profitability down the line; the advertising market may be stabilizing but has been challenged; Hollywood writers are striking; record cord-cutting has further eaten away at TV networks divisions that once were the big profit centers; companies are going through layoffs to address “macroeconomic” clouds. To…

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#“Adult Animation Is in a Renaissance”: Warner Bros. Animation, Adult Swim and Max Execs Tease New Projects, Expanding the Medium to All Audiences

#“Adult Animation Is in a Renaissance”: Warner Bros. Animation, Adult Swim and Max Execs Tease New Projects, Expanding the Medium to All Audiences

Adult Swim president Michael Ouweleen knows the industry is “being much more bullish” about adult animation than when his popular programming block premiered in 2001 on Cartoon Network. It’s a noteworthy shift for Western audiences, who’ve spent decades watching mostly family sitcoms dominate the medium. “Without people making animation synonymous with kids only, I don’t…

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#ITV “Actively Exploring” Acquisition of All3Media From Warner Bros. Discovery, Liberty Global

#ITV “Actively Exploring” Acquisition of All3Media From Warner Bros. Discovery, Liberty Global

ITV said Friday that it was “actively exploring” a potential acquisition of All3Media. Entertainment conglomerates Warner Bros. Discovery and John Malone’s cable and telecom giant Liberty Global have been considering alternatives for their production joint venture All3Media, the largest TV production firm in Britain. Its titles also include the likes of The Traitors and The Tourist, as well as the 2019 film 1917. Potential…

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