Zaslav warns of ‘generational disruption’ as WBD reports $417m net loss

(Kevin Dietsch/Getty Images)
(Kevin Dietsch/Getty Images)
Warner Bros. Discovery has reported third-quarter net losses of $417m (€390m) after a decline in advertising revenue, a drop in streaming subscribers, and what president and chief executive David Zaslav called a “generational disruption” as the company’s stock tumbled by 19 per cent.

You'll need a subscription to continue reading

Discover our range of subscription choices, with options starting from £39/month

Already have an account? Sign in here