Warner Bros. Discovery Inc Ordinary Shares - Class A

WBD: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$16.00	Gsl	Bwgnwwj

Warner Brothers Discovery’s Assets Enable It to Withstand the Demise of Traditional Television

Matthew Dolgin

Jan 31, 2024

Business Strategy and Outlook

Warner Brothers Discovery faces significant uncertainty surrounding its evolution in a media landscape defined by cord-cutting and many streaming choices. Ultimately, we think Warner’s scale, distribution channels, production studios, and content portfolio will make it one of the survivors.

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