WBD Financial Panic: No Way Out
First, Disney films may have buoyed its Q2 earnings — thanks Inside Out 2! — but theme park struggles led Anxiety to overwhelm Joy. Then Warner Bros. Discovery delivered its disastrous report, with a 5 percent drop in revenue, a $9.1 billion write-off on its cable assets and yeah, Furiosa. Elaine Low, Sean McNulty and Richard Rushfield break it down and the need for a plan in a moment where entertainment’s diminishing cable workforce is in a full-fledged freakout. Learn more about your ad choices. Visit megaphone.fm/adchoices