stopthatgirl7 to

News • 1 year ago

Warner Bros. Discovery Says Ongoing Strikes Will Mean $300M-$500M Hit to 2023 Earnings

www.hollywoodreporter.com

cross-posted to:
workreform

236

Warner Bros. Discovery Says Ongoing Strikes Will Mean $300M-$500M Hit to 2023 Earnings

www.hollywoodreporter.com

stopthatgirl7 to

News • 1 year ago

cross-posted to:
workreform

"The company now expects to exceed $1.7 billion in free cash flow for the third quarter of 2023, in part due to the strong performance of 'Barbie' as well as incremental impact from strike-related factors," the entertainment giant says in a regulatory filing.

“The company now expects to exceed $1.7 billion in free cash flow for the third quarter of 2023, in part due to the strong performance of ‘Barbie’ as well as incremental impact from strike-related factors,” the entertainment giant says in a regulatory filing.

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@Sunforged
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4•1 year ago
No but plenty of independent studios have already agreed to the terms the strike is ongoing over, and are able to continue production.

What do you say Adam?

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