Warner Bros. Discovery Narrows Q4 Loss Despite 14% Decline in Ad Revenue

Warner Bros. Discovery narrowed its fourth-quarter loss by a significant margin as cost reductions and reduced content production caused by last year’s Hollywood labor stoppages helped it maneuver around a 14% decline in advertising sales and other onerous conditions for traditional media companies. The owner of the TNT and TBS cable networks,. the Warner Bros. […]
Variety