This article was written and first appeared on Fundflicks – Warner Bros Discovery (fundflicks.net)
If you have not familiarized yourself with Warner Bros. Discovery Inc. (Nasdaq: WBD), maybe you might be interested to find out more after reading this article.
Subscription videos on demand and streaming have been prevalent over the last decade and consumers have a plethora of choices to choose from these days, from the likes of Netflix (currently the largest streaming company in the world by market cap) to Disney Plus and Warner Bros Discovery.
Competition is intense but it is good for the consumers and the markets.
These companies are increasingly focus on refining and streamlining their operations, including providing more choices for consumers at a fraction of what they used to pay.
Last year, the spin-off merger between AT&T’s Warner Media unit and Discovery created quite a bit of a buzz – the combined company, Warner Bros. Discovery, Inc. has since started refining operations...