Thursday, March 28, 2024

Mansha Daswani

Mansha Daswani is the editor-in-chief and associate publisher of World Screen. She can be reached on mdaswani@worldscreen.com.

Merger, Restructuring Costs Hit WBD Q3 Results

November 4, 2022

Warner Bros. Discovery, which closed the third quarter with almost 95 million direct-to-consumer subscribers, reported a net loss of $2.4 billion in the period on revenues of $9.8 billion as a result of merger and impairment costs.

Lionsgate Posts Q2 Loss

November 4, 2022

Reporting second-quarter revenues of $875.2 million, Lionsgate recorded a net loss for the period of $1.8 billion following a goodwill writedown related to STARZ and international restructuring charges.

ITV Studios Acquires Lingo Pictures

November 2, 2022

ITV Studios has picked up a majority interest in the Australian scripted production company Lingo Pictures, which will continue to be run by producers Helen Bowden and Jason Stephens.

Comcast Reports Q3 Loss

October 27, 2022

In the absence of the Olympics and the Super Bowl, video customer losses and an impairment charge from its Sky business, Comcast Corporation reported a Q3 net loss of $4.6 billion on revenues of $29.8 billion, a slight year-on-year decline, with an adjusted net income of $4.2 billion, a 4.5 percent gain.