Warner Bros. Discovery posts $966M loss, hurt by slumping ad sales and Hollywood strikes
Warner Bros. Discovery posted a bigger-than-expected quarterly loss as advertising sales at its cable TV division slumped and its studio division grappled with the fallout from last year’s Hollywood strike and weak demand for its “Suicide Squad” game. . Advertising trends in the U.S. and some international markets have been subdued as companies grappled with […]