Warner Bros. Discovery's Max is 'a flawed strategy': Analyst

2024-02-23に共有
"Warner Bros. Discovery (WBD) missed fourth-quarter estimates on both the top and bottom line, the stock dropping Friday morning after posting this wider-than-expected loss. LightShed Partners Partner and Media and Technology Analyst Rich Greenfield joins Yahoo Finance to discuss the media studio's strategy around cost-cutting and streaming content.

""There's no doubt that [CEO] David Zaslav and Gunnar Wiedenfels, their CFO... they've done a great job of living up to the free-cash flow numbers that they promised Wall Street,"" Greenfield explains. ""The challenge is they haven't been able to grow the business... What you're seeing from investors is that It's hard to pay meaningfully for a company if they do not believe that there is future revenue and earnings growth. So, you can cut and certainly generate cash on the short-term, but cust-cutting is not a long-term strategy...""

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#wbd #yahoofinance #max

コメント (4)
  • Wbd is on the right track with the global max rollout. They will be 1 of the top 3 streamers. This analyst does not get it at all.
  • @redequal7457
    Stankey and Zas sold us a bill of goods...or should it be "a bill of garbage"? WBD's business model is a failure. The stock's price well languish in single digits for years...if not for decades.
  • @jman83
    Streamers are based on IPs. If WBD makes better shows and invents better and new IPs the stock price will go up because the value of the company will go up. Simple.