Warner Bros. Discovery Touts “Disciplined” Post-NBA Sports Strategy, Says It Is “Responding Tenaciously And Creatively” To Pay-TV Declines ...Middle East

Warner Bros. Discovery touted its “disciplined” sports strategy, saying sports is an area where it is responding “tenaciously and creatively” to ongoing pay-TV declines. The company made the remarks in its quarterly letter to shareholders, released along with financial results for the fourth quarter, which were mixed. Revenue slipped 2% and adjusted EBITDA fell 11% […]

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