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

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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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Good. If an industry won't compensate its workers properly, it should be burned to the ground, literally and metaphorically.

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