Mergers Ahead as WBD Struggles Post-Earnings

Seth Schachner looks at Warner Bros Discovery (WBD) earnings, saying its outlook is a “mixed picture.” He thinks their content wasn’t up to par until the new season of White Lotus launched. He thinks the future will be “about merging and consolidating” within the streaming space. On Paramount (PARA), he expects its struggling merger to go through, but “a bunch of questions” remain.

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