Warner's NBA Juggernaut on Last Legs as Zaslav Hypes DTC

By Yahoo! Finance | Nov 7, 2024 at 12:32 PM EST

Warner Bros. Discovery's third-quarter earnings show the significant impact of losing NBA rights on ad revenue. Despite upcoming changes, CEO Zaslav remains optimistic about future negotiations with Comcast. The company's DTC unit saw growth in revenue thanks to streaming platform Max's increasing subscriber count.

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