"The themes of 2025 will in many ways be continuations of the themes of 2024, and for several media companies, that is exactly the problem," notes MoffettNathanson analyst Robert Fishman.

Warner Brothers Discovery (NASDAQ:WBD) received an upgrade in its stock rating from Neutral to Buy by analysts at MoffettNathanson, along with an increase in the price target from $9.00 to $13.00. Currently trading at $9.

Shares of Warner Bros. Discovery Inc. Series A WBD slid 3.27% to $9.47 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.21% to 5,937.34 and Dow Jones Industrial Average DJIA falling 0.16% to 43,153.13.

Warner Bros Discovery (NASDAQ:WBD) has appointed Anthony Noto, CEO of SoFi (NASDAQ:SOFI), and Joey Levin, outgoing CEO of IAC, to its board as part of ongoing corporate changes. The media giant is restructuring to

Venu Sports, the planned sports-centric streaming service that was a joint venture from ESPN (Disney), Fox, and Warner Bros. Discovery will be “discontinued,” the companies said in a joint statement on Friday morning. Officially, it was a “collective decision,” media members were informed — if you choose to believe that.