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Warner Bros. Discovery Makes Bold Move to Ditch Linear TV $WBD #stonks #investing #genbet
3 months ago
7
Warner Bros. Discovery is attempting to revolutionize the media landscape by shifting its focus from linear TV to streaming and studio production, aiming to surpass industry giants like Netflix and Disney. The company's bold move has received a mixed reaction, with S&P downgrading its credit rating to junk status, while Citigroup has upgraded its rating to a buy, citing the company's potential for growth and success.
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