In an 8-K filing with the SEC, Warner Bros. Discovery says it’s lowering its earnings expectations by about $300 to $500 million amidst the writers and actors strike. The company now anticipates earning anywhere from $10.5 to $11 billion for 2023:
Warner Bros. Discovery expects the Hollywood strikes to take a big chunk out of its earnings. - The Verge
Submitted 7 months ago by realcaseyrollins@kbin.projectsegfau.lt to Finance
captainlezbian@lemmy.world 7 months ago
That is in fact the point