Q1 Loss for Warner Bros. Discovery
May 5, 2023
Even as its direct-to-consumer segment swung to a profit in the first quarter, Warner Bros. Discovery reported a Q1 loss of $1.1 billion, citing acquisition-related amortization costs and restructuring expenses, on revenues that were down 5 percent to $10.7 billion.
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David Zaslav Warner Bros. Discovery
Dr. Markus Schäfer, president and CEO of ZDF Studios, talks to World Screen Newsflash about the continued integration of the company’s three main businesses—production, distribution and services—dealing with rising production costs and serving the programming needs of clients and its shareholder, ZDF.