Tag: EBITDA

S&P downgraded Warner Bros. Discovery to BB+ junk status, citing continued revenue and cash flow declines in its linear TV business and a lack of near-term debt improvement. The agency lowered its EBITDA forecasts for 2025 and 2026, now expecting…

Warner Bros. Discovery is actively preparing to spin off its cable networks, signaling a definitive strategic pivot away from legacy linear assets. The company's structural reorganization, financial disclosures, and executive commentary all point to an impending split, likely timed after…

Roku's shares rose over 6% after reporting better-than-expected Q2 2024 results. The net loss narrowed to $33.95 million, with revenue increasing 14% to $968 million. Streaming households grew to 83.6 million, driving an 11% increase in platform revenue. Roku highlighted…

Banijay Group, formerly FL Entertainment, reported an 8.6% revenue increase to €2 billion in the first half of 2024. While online sports betting and gaming revenues surged by 41.7% to €698 million, content production and distribution revenues declined by 2.7%…