WBD

FlaccidButLongBanana

LULU, WBD, GOOG, DIS and DNUT if you feeling really spicy

Phuffu

FMC, WBD, and WBA are all pretty cheap. 

ElectricalGene6146

Not so sure about this. WBD going to sue (and probably win) rights… a contract is a contract.

jbro12345

Following WBD by any chance?

moutonbleu

The truth is, WBD cant really afford this given their debt; Amazon is clearly the better and richer partner. BUT WBD will take a payout to get lost. That will be worth something vs leaving empty handed.

WickedSensitiveCrew

WBD tank is interesting. Narrative I am seeing is this will hasten linear networks. When Disney and Comcast are clearly in the title of the NBA deal articles and will air games on NBC, ABC, and ESPN. Maybe they mean pay cable? Netflix never had NBA rights and was able to succeed in streaming.

Sriracha_ma

Watch it ! - I need WBD to pump asap

WickedSensitiveCrew

Agreed. I wish it wasn't WBD vs AMZN. I want to know more about matching rights. But WBD vs AMZN is a different sentiment than the previous WBD vs Comcast threads. When those two were fighting over the rights. I wonder if NBA is breaching their contract by rejecting the matching rights.

WickedSensitiveCrew

Yea. I kind of wish it wasn't WBD vs AMZN. I want to know more about matching rights. But this would involve AMZN losing if WBD wins and Mag 7 losing at anything isn't a topic this sub would want to discuss.

ShadowLiberal

They can still continue to exist without WBD existing.

SunsetKittens

WBD tried to block it. But Amazon put them *on a poster*.

WickedSensitiveCrew

Netflix and Comcast has survived without having NBA rights. Comcast just got back in. WBD will get less carriage fees but can still use the money elsewhere.

AbuSaho

[$WBD](https://x.com/search?q=%24WBD&src=cashtag_click) earns $200M of Ebitda from NBA. Amazon's package has fewer games and costs $400M more per year than current Warner package. Add on top $5.4B loan needed to secure this deal and I wonder where the profit comes from? This seems good for Warner Bros to not have to lose money just to keep the NBA.

lipmanz

AMZN got those NBA ads up quick! Sorry WBD

NoPaleontologist2721

Puts on WBD dudes lost the bid on the NBA Contract

jusjones314

Will AMZN and DIS pop off because of the NBA deal? And will WBD drop to new low?

newuserincan

Amazon will be here for 10 years, can’t say this for WBD

SamJamesDaKing

Honoring my dead grandpa who left me shares, which I sold all in Dec 2019. Started buying last year in the 80s. I don’t see much downside and if so I’ll buy more. I’m long-ish depending on how things play out. Currently holding a few hundred shares. Other than that, I’d just be echoing the positive aspects you’ll probably find all over Reddit. To top it off though, I live in Orlando and I’m a season passholder for the wife and kid. Anecdotally, it’s all good at DIS. Cruises included. Brazilians and Latin America are Disney crazy. expanding parks. Not crazy about asset heavy stocks for the future, but that’s where I’m seeing value now. Looks like WBD just lost its NBA deal to dis amazon and Comcast. Own WBD too (low 7s).

tie_myshoe

WBD about to spiral into being bought out real soon

dtlabsa

I'm buying more WBD $10 Jan 16 calls. Losing the NBA shit contract to Amazon is bullish. Plus, now they can spin off their debt. Plus plus still acquisition target.

BroncosW

Tech is so dead, WBD is the future.

MordorBlues

Cup n Handle on WBD.....if you play anything other than FDs on big tech.

MordorBlues

It's been a dog for a long time...but there is a legit cup and handle on WBD right now. Do what you will, not financial advice.

kjuneja

The diversity of DISs income compared to WBD or PARA warrants a larger multiple

pondersassinorum

I love that dumbass stocks like WBD and HE are up today. Makes me feel good about being a dumbass.

CornfieldJoe

Ironically he says he'd buy back in at 65$ at the low end - at that level Disney's ratios are still higher than WBD or Paramount, so there may even be some more room to come down.

CornfieldJoe

Where are you getting these projections from? 2028 having the same FCF as Google today seems.... not believable. That represents a 1000% increase from today's FCF of 6.16 billion - and an annualized growth rate of 250% Furthermore, your revenue estimate also beggars belief - as most analysts are shooting for 39-43 billion as the estimate for 2025. Somewhere less than 5% per year. So you're saying sometime in 2026-2028, we will go from 43 at best to 172? They have to pack 150% per year increases in sales in 2026 and 2027 to make it. We can look at WBD analogues like Paramount (film + linear TV) to see that their revenues have not fluctuated downward significantly during this secular downturn, so I'm assuming what you did was take the growth in Discovery's numbers from the Time Warner acquisition and project that out into the future - which is problematic unless they can find Warner Bros. sized companies to merge with every year.

HereGoesNothing69

WBD has a market cap of 20 billion and they're thinking of spending 19.8 billion over the next 11 years to carry the nba? Am I the only one who thinks this is stupid? Also, I read somewhere the Amazon package specifically states that it is a streaming only package, so they wouldn't be able to air games on tnt anyways.

35242

WBD- Warner Bros Discovery- Announces they may be splitting off parts of the company to make it viable again. It's been on a 8 day uptick. $8.65. May hit $10 by Tomorrow. $12 by Friday. hopefully. Analysis of averages seems to indicate a strong increase on people "bouncing off the bottom".

gymbeaux4

On the other hand, I probably wouldn’t touch GME, AMC, NFLX, WBD, DIS, YUM…

Right_Traffic_4821

WBD pumping!

Intelligent-Dot-8117

WBD calls 

miata_only

> Warner Bros Discovery ($WBD) shares soar after conclusion of Shark Week hosted by John Cena.

35242

WBD (Warner Bros Discovery) MOVING UP NOW!! GO CHECK IT OUT!! Company is looking to separate various assets to make it less bloated. It's near the lowest it's ever been, now it's moving up, up, up!

gatovision

Thanks. Yeah every option i've done well on has either been a put/call for earnings with a big move or cheap otm calls like 6 months out on some neglected stock that starts a run. ill sell a couple to get back my cost and let the rest ride. Been doing that with INTC/WBD/HE now. Did it with oil stocks in 2021 and did really well but i let myself lose too much the past year getting emotional and playing puts. ill try to mess around and get better on scalping profits quicker if i play index options.

SSBUfan

WBD cranking today

Cantthinkofacoolnam

Why is WBD up 🤨 Maybe this is a good or bad sign for Netflix

Sriracha_ma

I mean everybody knows WBD - game of thrones, Harry Potter and a whole host of insane IPs.. and they were at the same market cap of DJT!!! Clearly seemed like something is off what with the olympics, election year and other ad streams coming up, was a no brainer and I think JPM and Bank of America analysts downgraded it to strong sell at 7$.. That was my cue

TheDiligentDog

Apparently this: "Warner Bros. Discovery ($WBD) is considering splitting its digital streaming and studio businesses from its television networks to boost its declining share price, the Financial Times reported Thursday, citing people familiar with the matter." Happy for you man 

Sriracha_ma

Why is WBD popping - I bought @7$ for 30k usd, I am not complaining

Lonestar315

WBD 💵

SSBUfan

WBD looking nice

BroncosW

WBD and INTC are the real MVPs, protecting my wallet from NVDA and AMD.

veljacha

Am I the only regard that decided to hold onto WBD calls

Didntlikedefaultname

Anyone got thoughts on WBD? I’m holding some shares that I’m really torn on selling for a small gain or rising out a while longer. I personally feel like the $6-$7 range might have been a bottom and can see a rebound but curious if anyone else has thoughts?

cyphonismus

My WBD is up

Intelligent-Dot-8117

WBD

pondersassinorum

EPI and WBD steady mobbin today. Lets go India and Hollywood.

pondersassinorum

WBD 🚀🚀🚀

dtlabsa

Why is WBD mooning? No complaints since it's my 3rd largest holding and I got in at low $7s

gwiner

Warner Bros Discovery WBD

dtlabsa

I've traded on direct inside info 3 times and lost money all 3 times. The worst was this one fortune 100 ceo saying they're missing top, bottom, and future revs look weak. When they released their earnings, missed top, bottom, but raised guidance. Stock went up 5% and my puts expired worthless. The following quarter, their Rev was significantly lower than the previous quarter, even though he lied that they would increase previously. I watched as their stock dropped more than 20% while I sat on the sideline. Here is another tidbit. Comcast buying WBD is a done deal. Don't ask how much money I've lost on that one, so far. I'll delete that last line tomorrow when I wake up, just in case it comes to fruition.

dtlabsa

WBD, Fox, Comcast...People being glued to CNN/Fox/MSNBC.

dtlabsa

Calls on WBD? I can't turn off the TV.

gatovision

HBO Max and Prime are both way better than cluttered NFLX at this point. What’s even watchable on there? I think it’s mostly foreign shows that are popular. WBD is way undervalued for having the best streaming content imo.

eyepopp

$WBD I mean it’s at $7 a share people!

Sriracha_ma

I was literally sitting on 200 k for like a year doing absolutely nothing waiting for the dip - said fuck it like three weeks back, and started unloading. Intc ( DCA @ 31$ ) Para ( DCA @ 10.5$) PFE ( DCA @ 26$) Baba ( DCA @ 75$) WBD ( DCA @ 7$) 50 k on Intc and baba ~30 k on the rest.

EJMirandaS

I am thinking WBD, because of a specific project hitting theaters July 2025

Meakmoney1

WBD checking in

dtlabsa

Calls on WBD. Zaslav is attending Sun Valley along with a bunch of people who could buy them...

Right_Traffic_4821

Let’s go WBD!

wildbill4693

Im up to my eyeballs in WBD leaps

wildbill4693

!banbet WBD 8 30d

drew1027

Yea I need more tech stocks, less media stocks like Disney and WBD Those been weighing me down But perhaps undervalued

EnvironmentalBoss369

Skydance buying Paramount is the best deal for Paramount in terms of keeping the company going as currently constructed. Skydance wants to be in the media business. They are less likely to strip it for parts and will continue to make movies and television. However, that doesn't mean it's a good business. Hollywood is in decline and this is a vanity project for a billionaires son. My belief is that within 10 years this will be seen as a total heist by Shari Redstone of the Elison family.  Media companies like paramount are a total crap shoot right now, besides Netflix. The share prices could be cut in half and I'd still stay the hell away.  Perhaps I'm jaded because I had WBD for a couple of years and finally realized the loss earlier this year. But as I learned more about the industry the more I realized that it's a terrible investment. 

EnvironmentalBoss369

Same. WBD soured me on streaming/ media as you said. The more I learned about the industry the more I realized it's a terrible investment. Will there be some winners after consolidation, sure. But I don't have a clue who it'll be and how long from now. Hollywood is in decline.

Signal-Lie-6785

WBD. The FCF figures are impressive and debt’s getting paid down aggressively. It’ll still probably take a few years for sentiment to change and for the price to start recovering.

dvdmovie1

This isn't the deal that shareholders wanted and I'd be surprised if there's any enthusiasm after the merger is done - genuinely, why should there be? Badly managed asset with a stubborn majority shareholder in a lousy industry that previously had one absurdly overpaid CEO and now has 3 co-CEOs. So many people tried to hype this and WBD all the way down hoping for a buyout and now the deal (and any deal where people have to do group work on Reddit to figure out the end result is probably not a good one) is that the company remains public and able to continue to disappoint new bagholders. People kept going "look at the IP" and thinking buyout and the problem is that you have management that wants to continue being overpaid as long as possible more than they want to do a good job monetizing assets - it's like all the people who kept doing sum of the parts stories on Madison Square Garden and not taking into account that Dolan is the CEO.

Edward3000a

You can buy WBD which I think has no positive future and I will keep PARA. We will both be happy. Skydance merger won’t get thru the courts, there will be hundreds of lawsuits to stop it by PARA shareholders. Paramount + streaming losses are narrowing and they are growing subs at faster rate than any streaming service. A JV with Max or Amazon or Apple would be nice as streamers will be consolidating in the next few years. In a few quarters most streamers will find a path forward and complete better with Netflix. Good luck to you.

Hour-Preference4387

After holding bags for PARA and WBD, I am about done with streaming/media plays.

herefromyoutube

WBD. They have to payoff a bunch of debt from the merger and they seem to be falling behind on output of “prestigious” new shows but after that even a value 1/4 of Netflix is a great improvement. Netflix has 260 million subs Max has 100m.

ElectricalGene6146

I love WBD here. Max is a fantastic streaming service and market is terrified of their debt that they are paying down rather quickly.

Alternative_One_8488

$WBD

Manic_Manatees

The only thing that can give WBD stock a good day is someone else making deals with PARA

jamiestar9

WBD. Warner Bros. Discovery. Three years ago David Zaslav was relatively unknown as CEO of Discovery. Now, blind hatred of him is everywhere on the internet! We are at maximum negativity. All because he and his CFO are cleaning up the studio’s financial house. Everyone from the NBA team owners to star actors and producers want more and more money. And past leaders kept paying them more with little concern that the math was not working. Zaslav and his CFO are making good decisions for the long term health of the company and the industry. It still might not be enough but I believe they will succeed. People are very very passionate about their shows. If the studios can unite in a new Hulu joint venture it could be a true equal peer to Netflix and reduce churn. $25 a month for Netflix, $30 a month for new Hulu, and whatever Venu costs for those that want sports. 300 million subscribers for Netflix and new Hulu.

AcrossFromWhere

I bought LEAPs for WBD and PARA recently. It seems likely that either they will merge streaming or somebody will buy Paramount outright. 

lipmanz

WBD really going into 6 territory

werewere223

Wondering what this deal would look like, kinda a Hulu deal? Maybe a 70:30 split, leading to WBD eventually buying paramounts stake out? Either way consolidation seems bullish for those that are surviving, like it for WBD increasing their catalog.

Forsaken_Peace_548

just put my entire net worth ($100 obviously) into $WBD bout to print wildly. can’t go tits up.

hbob16

All the content providers are struggling. The overall market pie is shrinking. More and more people are cutting the cord. WBD is struggling with their business model. I am also not optimistic about Venu Sports.

McKoijion

WBD is getting all sorts of synergy between Red vs. Blue coverage on CNN and Green vs. Black coverage on HBO 

MtTime420

Yeah but are you going to put your money where your mouth is and go all in on $PARA and $WBD? Because those are the only real options. Unless you invest in up and coming platforms (like I have) 😉

dtlabsa

Netflix could just buy Paramount for the NFL rights alone. Cut the rest of the fat off, absorb P+ and their IP. I mean it's nuts that their market cap is $283b more even though they only have $4b more in revenue than Paramount. Then Amazon could buy WBD, them we're left with a big 3. Netflix, Amazon, and Disney, with rates starting at $40/month with ads.

dtlabsa

Netflix could just buy Paramount for the NFL rights alone. Cut the rest of the fat off, absorb P+ and their IP. I mean it's nuts that their market cap is $283b more even though they only have $4b more in revenue than Paramount. Then Amazon could buy WBD, them we're left with a big 3. Netflix, Amazon, and Disney, with rates starting at $40/month with ads.

McKoijion

Let’s not get carried away. He didn’t fight in a war or anything. He’s a pretty boy politician turned beloved old decrepit king. He’s basically Vizzy T. I want to make jokes about him behind his back, eat ice cream with him, and cry when he barely manages to walk 10 feet to deliver a speech about basic human decency. PS: Paddy Considine got robbed at the Emmys and if you aren’t buying WBD calls you’re an idiot. It’s Netflix with significantly higher quality standards.

jo-steam27

WBD is basically charity at this point. Load up for generational wealth

MtTime420

I’d rather avoid the entire sector and take my chances on the other thing people do when they aren’t sick or getting their prescription drugs: entertainment. Opened a long position in both $WBD and $PARA. Feel like they have a better turnaround story than $WBA, $RAT or even $CVS. I have $CVS on a watchlist - at least they have their PBM business which could be an interesting pivot for them.

SunSongz

Cap Losses Strategy Question... Thanks in advance for any input or thoughts. I am trustee and POA for my 96yo father and handling all his financial matters due to Alzheimers. He has a portfolio that generates almost enough to cover his expenses, and the rest is covered by me and my siblings. He has some positions with unrealized losses which is what I am seeking advice on. These are things like KHC, PFE, SHEL, WBD, OGN, etc. Knowing that all cap gains/losses are erased upon someone passing away... 1. Should I sell those positions to offset income & cap gains taxes for the remainder of his life? Or... 2. Should I keep them for the (small) dividends they bring in? Just thought I'd see what the braintrust of this group had to say. Thanks again for your time.

but_why_doh

Oh I'm not saying you would be the one to attack my positions, but inevitably someone will. I guess I'll share some I like. I really like INTC, CCB, WBD, BABA, CVS, DIS, and a few others.

iAmUbik

Used to work at $T corporate, they split our stock with $WBD during the spinoff and it immediately fell off a cliff. $T matches 401k with their own stock (and in this case it a percentage was converted to WBD), but you couldn’t sell or reinvest that match until you vested. It was a joke. Lost so much dollar basis from that.

200bronchs

I have been wheeling WBD for months. Sorry to see it go out of range.

ShadowLiberal

WBD has MORE debt then their entire market cap ($39.15 billion vs a 17.59 billion market cap). That's typically when a stock is considered to be at serious risk of bankruptcy. And IMO they've been really mismanaged with all the content that they've canceled after already filming it, instead of realizing much earlier on that it's better to cut to cut their losses now.

UnlimitedScaler

WBD, BABA, BTI, MO & Nike

manassassinman

I liked WBD until I read about the differences between WBD and PARA and how WBD’s balance sheet was weaker than it appeared because they don’t have the backlog of unreleased content that other platforms have. Maybe you’ll make a lot of money if cable tv is more entrenched than the market has discounted.

Argothaught

You wanna talk about "beaten down"? How about WBD?

but_why_doh

WBD needs to release home version of the Dune popcorn bucket.

pondersassinorum

And WBD was green. Opposite Day.

wildbill4693

!banbet WBD 8 1m

wildbill4693

!banbet WBD 8 1 mo

wildbill4693

Banbet! WBD 8.00 1 mo