Warner Bros and Discovery Projected to Lose $500 Million Due To SAG Strike

Warner Bros and Discovery Projected to Lose $500 Million Due To SAG Strike

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Warner Bros. Discovery Sees Earnings Hit From Strikes Of Up To $500 Million This Year

SAG-AFTRA actors are on strike! Here's what you need to know about what's going on behind the scenes.

Official SAG-AFTRA Strike Website: https://www.sagaftrastrike.org/

The financial impact of ongoing actors and writers strikes has a number on it now, or one at least, as Warner Bros. Discovery said today it’s looking at a hit of $300 million to $500 million in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for 2023 due to the work stoppages.

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