Warner Bros. Discovery Says Ongoing Strikes Will Mean $300M-$500M Hit to 2023 Earnings

stopthatgirl7@kbin.social to News@lemmy.world – 234 points –
Warner Bros. Discovery Says Ongoing Strikes Will Mean $300M-$500M Hit to 2023 Earnings
hollywoodreporter.com

"The company now expects to exceed $1.7 billion in free cash flow for the third quarter of 2023, in part due to the strong performance of 'Barbie' as well as incremental impact from strike-related factors," the entertainment giant says in a regulatory filing.

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I think part of the problem here is the news media and how the stories are framed.

The headline should be that obstinate companies refuse to share the profits and meet reasonable union demands, which will cost them millions.

Shows you whose side most of these news outlets are on. Once you see it, you can't unsee the rampant, egregious anti labor bias in the news, or actually anywhere. Many people in the US have been effectively trained to hate unions and those striking. It's just mind blowing to see how many people's knee jerk reaction is siding against strikers.

Can't rely on fake news on provide quality information. They are just daddy's lap dogs shilling to us.

Workers must get educated, learn to read between the lines and act tin their own self interest and the working class.. Anything less than that, slaves aint even trying to play the game.

Capital owners only speak language of profit so that's how worker must speak to these lEAdErS.