WBD

skiviz

She went all in on Discovery (WBD).

gnocchicotti

Goddmit lady, edging me on WBD but not saying calls or puts? 

Manic_Manatees

TELL is up 17% on the day and somehow WBD is up 1.5%

TrickyArmy3124

$WBD Warner Bros, -50% currently so not the smartest bet

Comfortable-Alarm21

Lots Volume of WBD 8$ put exp 5/31

McKoijion

Unless this is a joke I don't get, Fallout is AMZN not WBD.

Expired-Option

Calls on WBD Everyone loves Fallout

BanquetDinner

WBD that I got out of the spin from T. Should have sold right away.

Yellow-Robe-Smith

WBD

Financial_Counter_08

I'm very long on WBD and just made a video on my thoughts on David Zaslavs salary: [https://youtu.be/S7cxFDqTo\_c](https://youtu.be/S7cxFDqTo_c)

Kwak280

WBD 😀

InverseMySuggestions

$QS $WBD $BBAI why should I not be accumulating these 3 right now

h4p3r50n1c

I did a couple regard moves. Bought a couple hundred WBD stock at $8.25 to hold them and see if they move up to sell some contracts later. They’re almost at a ATL so I think they will rise soon.

runner322

Long Macy's, short WBD, SNAP, PYPL, MRVL, and DOCU.

BudgetHovercraft8828

Whoa, A WBD person!

akaraz_9

WBD to 8.40… please

Jelly__Rogers

I loved the part in the trailer when he whispers *"It's jokin' time."* to Harley and proceeds to joker all over the place. Chills. It's time for WBD calls.

Fox_love_

I see. What is the rationale of so large position in WBD stock?

justfoarDaMemes

WBD is not a very volatile stock and was up 3% (pretty significant) for the day at the time of this screenshot. My entire portfolio is $10 strike call options that expire in ~2 months.

NomadTruckerOTR

$69,420 account makes $13,000+ in a day.. yet holding $67,000+ in WBD???? something ain't adding up

Simple-Conference270

We just going to ignore the fact +95% of that is in WBD?

McKoijion

[WBD’s back in play](https://www.businessinsider.com/warner-bros-discovery-sale-buyer-reverse-morris-trust-2024-4) 

PutSpreadDaddi69

WBD 👀

McKoijion

I think we've hit the tipping point for women's college basketball. It's just as easy to track the women's March Madness tournament as the men's. More importantly, it's just as interesting to gamble on it. [DIS (ESPN) is paying just $115 million a year for the rights to the women's tournament. Meanwhile, PARA (CBS) and WBD (TNT) are paying $1.1 billion for the Men's tourney.](https://www.bloomberg.com/news/newsletters/2024-04-05/caitlin-clark-in-final-four-as-ratings-soar-helping-espn?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTcxMjM0MDk5NiwiZXhwIjoxNzEyOTQ1Nzk2LCJhcnRpY2xlSWQiOiJTQkg1T05EV0xVNjgwMCIsImJjb25uZWN0SWQiOiI1OTFDMkExNEFGMDQ0RUZCODlCNEEwNUM5QkUwQjczRSJ9.H3QAbDaVLdZnsZJ4iTETX-xTo-AHAqx6tg_jvlQYVgw) But the women's top games this year are just as popular as the mens, including for games not featuring Caitlin Clark. Throw in some name image and likeness TikTok stuff, and you can see how this is starting to blow up. ESPN signed their most recent contract in January for 8 years. I'm guessing it's going to turn out to be a steal. All of that woke Disney "girl power" BS might actually pay off after all. Just in sports instead of superhero movies.

mattm329

WBD is only profitable in the US; yet to make a profit internationally. What do you mean nflx is outdated?

WickedSensitiveCrew

[WBD streaming segment Max is profitable.](https://qz.com/warner-bros-discovery-max-streaming-profit-1851281924) That is what earnings reports are for to give updated data on companies. But I agree with everything else you said NFLX great comapny.

Golden_Pecker

I just told you. Though I also have large share holdings in STLA, NVDA, BRK.B, WBD and I also have ALCC June calls

Interesting_Treat92

Apple just purchase WBD and create a Dune/LOTR/DC theme park where we can only use Apple Pay. Vision Pro strongly recommended to enjoy the full experience.

elgrandorado

Good question. A company pays down it's debt/interest with it's cash. Take WBD (Warner Bros Discovery). If they had no debt on their balance sheet, you would see it's cash balance consistently grow considerably YoY from their solid FCF figures in 2022/2023. You don't see debt repayments on the income statement because the initial debt is treated as a liability, with the cash funding coming through as a debit. Debt repayments simply unwind that liability by debiting the debt, and crediting cash. Where you do see an impact on the income statement, it comes from the interest associated with the debt incurred. That interest payment hits a credit of cash, but a debit into the associated expense account, which pops up on the income statement. To answer your question, you can see the movement of cash for debt repayments and interest paid on the statement of cash flows. You only see interest expenses on the income statement because debt repayments are purely isolated to the balance sheet.

jnas_19

What you guys looking to buy from this dip if we keep falling? I got INMD (Swing trade), NVDA, HCC, WBD (to make my bags lighter) and EVVTY.

dvdmovie1

I don't like the business at all and looking at the history of this and other legacy media pure plays (DISCA, TWX, LGF, AMCX, WBD, etc) the idea that anyone would consider this industry a good investment is perplexing. People are acting like a business that went public in 1990 at about $10 and is currently about $12.50 decades later is some sort of crown jewel. It might get bought, which is what people have been hoping for since the $30's and above. Went up 15% on deal news yesterday, down 9% today on news a deal might require dilution.

Pubtroll

WBD GOGOGOGO, pump it.

Pubtroll

WBD is cheap as fuck.

Interesting_Treat92

WBD Why Bears So Dumb Wanting big delivery’s Welcoming big dollars

Interesting_Treat92

WBD Winning Boxoffice Decisively

Interesting_Treat92

WBD

ZaslavsBurner

WBD will be under 3x EBITA this year, over 90% is fixed rate and isn’t due for a decade

mattm329

Watch the nba negotiations closely for WBD imo

Desmater

WBD's debt seems crazy. But they have been chipping away at it. Like over $5 billion+ paid off. At this rate and FCF, be low in a couple years. That is management's goal too.

yoaverezzz

WBD is another interesting one. I couldn’t get over it’s massive debt, I think PARA’s is less substantial so thankfully I pulled the trigger on that instead

RyuKindaBad

Sold my TLRY, WBD, and PAA today, not sure where ill be going tomorrow

Desmater

Like $30.58 haha. I think they have potential. Just has to play out. Need couple years for positive EPS and FCF again. Same with WBD. But debt is huge at both.

Interesting_Treat92

WBD with that BIG Kong right now

gameboicarti1

Why is WBD "soaring" lmao

Golden_Pecker

WBD could double or even triple in the next couple years. Absurdly cheap.

Interesting_Treat92

Death, Taxes and WBD being number one in the global box office and their stock going down.

Only-Shame5188

From my personal experience I'd avoid GEVO, WBD, and ME.

Impossible-Ice-4699

What’s wasting more $ and buying OTM for earnings on the upside? Cost-cutting, major restructuring. This isn’t $WBD shit we are talking here

jkiley

I'm with you in F, too! I'm still kicking myself for not selling Ford at $25 a couple years ago, but I'm selling some now as part of a bigger plan to move most of my individual equities to index funds. MU and WDC have done well for me, so those are the gains that BagBerry will help offset. VZ, T, WBD (spun from T), and WBA are all likely to get harvested, but I'm hoping each of them can bounce a bit first (RIP WBA today).

WickedSensitiveCrew

Sub generally hates the stock. Study was positive. I might just step away from mentioning WBD. It might be good to mention it in an undervalued thread but in daily discussions might be best to keep unpopular tickers out of it. Like I did with DKNG when it was $10-20. DKNG was unprofitable and still are. Nothing can be said to change sentiment other that stock price and earnings reports .

WickedSensitiveCrew

Any news on WBD? Why did it pump so much in the last hour? I saw a study that came out. The results are kind of unfavorable toward this subs sentiment so wont say what study said. Was it that study or other news happened?

WickedSensitiveCrew

Im guessing that study that got released where WBD was at the top. 2nd place Apple TV is pumping WBD. That is only news I can think of unless March Madness ratings came out.

WickedSensitiveCrew

You are free to make your own thread about SK Hynix and Micron. I was trying to discuss a non-tech stock. And something that isn't connected to AI. But I totally understand that is all this sub wants to talk about these days. Mag 7 and AI. While I am buying stuff like KNSL, MEDP, BLDR, and EXP. I brought up WBD since that could spark a response. Not sure if you mention KNSL people want to talk insurance companies.

WickedSensitiveCrew

The difference between writers/actors strike and now that it is over on r/movies and r/television and social media is like night and day. This ties in to r/stocks since these are publicly traded companies. WBD for example released Dune 2, a Godzilla movie, and now they have a clip from Jerrod Carmichael show going viral. Compared to near the end of 2023 there wasn't much discussion about current or upcoming movies/shows. Same for Disney and other companies. Like people talking about Deadpool 3. Time will tell if this reflects on earnings since last two earnings reports for media companies was while a strike was going on.

ernestothegecko

How do people feel about WBD? I'm wondering if the new season of House of Dragons, plus the rollout of Max in Europe, could be a catalyst.

curious_skeptic

WBD and PARA - they both have valuable IP, and we are in an age of streaming consolidation. And while they both have debt problems, I believe that concern is overblown in both cases.

Overall-Profit-1947

They cut their dividend after the $WBD spinoff. $T shareholders received .25 shares of $WBD for every share of $T they held. Of course they cut their dividend, half their business model was suddenly divested

SayNoToBrooms

My very first long position was 60 shares of T at $30 into my Roth IRA. I now have 68 shares with a loss of $300 Hey, I also got 13 shares of WBD that I sold and purchased 100 shares of TLRY at $1.54 with the money. So that’s something, right? The dividend sounded cool…

kyliecannoli

Yep I bought dis at $80 when everyone on Reddit was saying superhero fatigue and woke this woke that. My current Disney is WBD (warners bro discovery), buying at mid $8, I’m predicting it’ll climb back up to $12 fosho.

zensamuel

WBD. Let’s see what happens. Don’t own any shares yet.

moutonbleu

Down 40% on WBD but I still believe! It’s been painful though

toonguy84

T has been a value trap for 15 years. Maybe it's different this time but I sold it 2 years ago just before the WBD spin off and I still feel relieved that I'm no longer holding it.

WickedSensitiveCrew

WBD is an interesting stock. It has been judged while there was a writers and actors strike. Basically the company was shut down from producing more content for months. And the stuff they already completed couldn't even be released since the actors couldn't promote it. But if you just look at balance sheets that type of context doesn't really show up. And how not releasing movies/shows could effect churn on a streaming site.

mitchlats22

I am liking WBD. First off with the bad news - they have enormous debt, which was used to finance the merger. However it’s cash flow positive and they’re paying down the debt decently well. The debt is fixed and long term at a manageable rate. Elite back catalog of content and premium IP to work with moving forward - Harry Potter, Dune, Game of Thrones, James Gunn led DC universe, LOTR. They have deals with some of the hottest talent like Tom Cruise, Timothée Chalamet, Margot Robbie, PTA, and A24 streaming exclusives. The CEO has been hated by ruthlessly trimming the fat to save cost, but it seems to be effective financially so far. There may be more pain in the stock over the next year or two as they continue to shrink the debt. I don’t think the sentiment changes overnight, but I think overall it was oversold and the equity value will be more and more represented in enterprise value if you are willing to hold for a few years it could easily double or more. Could also be an acquisition target.

SpongEWorTHiebOb

T is probably a value trap. WBD is a sketchy stock with all the classes of stock.

vicki22029

It's an average managed company that has great potential at least in the short term. Really beaten down at the moment. Factors I look at for the next 12-18 months: 1. HBO max profitabilty. Loss of subscribers is concerning but profit in 2023 was +100 million and streaming ad revenue is also up. 2. Consolidation of stream service competitors. Maybe even an acquisition of Paramount? 3. Writers strike is over. 4. Don't underestimate WBD to churn out another hits like Barbie or Aquaman. And there are Mad Max, Lord of the Rings and Dune releases scheduled on the next year. 5. The joint venture of WBD, Foxsports and ESPN this fall for sports focused streaming. At just under $9 per share I'm doing the classic buy on dip strategy. 52 week low is $8.00 and 52 week high is $15.50. Its not without risk but the upside looks good at least to me!

Abysswalker794

What’s your bullcase thesis for WBD? Got it on my shortlist, but I find it hard to value.

vicki22029

Don't laugh, but Warner Brothers Discovery and Att. Both are dogs right now but Att at least still pays a dividend. WBD is down about 40% ytd and T down about 8%. I think they both will bounce back strong in another year.

RyuKindaBad

Calls on WBD, TLRY, ZTS, BLUE, own stock in SHLD

LePoj

>I wouldn't go anywhere near DIS or WBD sticks until they clean the activism out. *laughs in 33% gains*

RhettOracle

It is called woke and sexist politics both in that film and Disney in general. Disney has been trying to turn their classically male or balanced assets (Star Wars and Marvel) into girl brands with strong political commentary, anti-male commentary, and forcing female leads into all titles. Despite most of the Marvel fans being lifetime comic fans, mostly males, and mostly white, as follows the general US population over Marvel's history. When the movie performed poorly because of bad reviews, superhero fatigue, and people just tired of the woke agenda, the director immediately blamed the failure on "really virulent and violent and racist — and sexist and homophobic" fans. That comment pretty much sums up what her goals for the movie were. Usually the problems are due to just really bad activist writing, especially in the TV/streaming assets. DIS would be better served making movies for the audience that is already established, than trying to convert it to a gender fluid, female led universe to drag in the various left leaning subsets. DIS already has well established, popular, female brand assets where they can push their girl-power stuff. Comic and scifi fans are not anti-female. Some of the most popular characters are female (Invisible Woman, Storm, Catwoman, Wonder Woman) and historically liked by both male and female readers. But the primary way that woke politics sells their agenda is thru pushing female characters into male roles, rewriting male characters, race swapping, and emasculating male characters. Sometimes it is subtle, sometimes it isn't. Mostly the fans object to forced rewrites that attack their favorite characters or alter the characters or universes into something wildly different. In race or gender swapping cases, it's very disruptive for long term fans. Marvels is one, the Ghostbusters all-female remake is another. They've done so much of this now that people are hypersensitive to it now, and many of their movies are not profitable. The new Ghostbusters series is an example, which started with a female lead character (Spengler's granddaughter), which was generally well done. The 2nd movie injects lesbian elements into that character, as is typical hollywood practice now, to force non-traditional sex and gender elements into everything, once the franchise is established. While the fans don't necessarily object to these elements per se, the way it is done essentially a fourth wall break, forced into the franchise world, that disrupts the story flow as an obvious political statement. I wouldn't go anywhere near DIS or WBD stocks until they clean the activism out. https://www.forbes.com/sites/conormurray/2023/11/13/the-marvels-faces-anti-woke-backlash-after-box-office-flop-echoing-captain-marvel-attacks/?sh=3900db6a11d4 If you want a deeper dive into the DIS/WBD/Marvel/StarWars issues from the perspective of comic sellers/fans/authors, check out Nerdrotic mentioned in that article. They do a weekly show on YT every Friday night.

TheParliament

What you guys did with GameStop…. Do with WBD. Please :)

Ok-Cheesecake-5110

Watched dune 2 last night, going to load up on WBD May 17 10$ calls

wildbill4693

Small bet but 5K loaded in $10 WBD calls for 1/2025

wildbill4693

Small bet by WSBs standards but I’m 5K in Jan 25 $10 calls for WBD

No_Bread2701

WBD and PARA in parallel are good long term plays each with their pros and cons. I like the free cash flow finally happening now.

Yellow-Robe-Smith

Tell that to my WBD shares 😮‍💨

mitchlats22

I am liking WBD. First off with the bad news - the stock has been completely crushed and they have enormous debt, which was used to finance the merger. However it’s cash flow positive and they’re paying down the debt decently well. The debt is fixed and long term at a manageable rate. Elite back catalog of content and premium IP to work with moving forward - Harry Potter, Dune, Game of Thrones, James Gunn led DC universe, LOTR. They have deals with some of the hottest talent like Tom Cruise, Timothée Chalamet, Margot Robbie, PTA, and A24 streaming exclusives. The CEO has been hated by ruthlessly trimming the fat to save cost, but it seems to be effective financially so far. There may be more pain in the stock over the next year or two as they continue to shrink the debt. I don’t think the sentiment changes overnight, but I think overall it was oversold and the equity value will be more and more represented in enterprise value if you are willing to hold for a few years it could easily double or more. Could also be an acquisition target.

keyinfleunce

It’s being shiba ICU , TGL I get the feeling I’m going to be golden each one of these stocks have been steadily increasing even when it goes down it maintains the current value I see bitcoin potential like the shares gonna be worth it soon or later i have hope in WBD but who knows what hbo thinking

hunggus147

What do you guys think of Warner Bros Discovery? It's near an all time low of $8.30 as of today. Warner Bros has steadily and seems to have dropped significantly. They spent $70+ million on multiple movies (Batgirl, Coyote vs Acme, and others) and finish them only to shelve and delete them for tax writes offs worth around only $30 million each bc the CEO (everyone on Twitter hates this guy) bc he believed that would be more profitable than releasing them in the theaters (and on Max). Speaking of, Max also has completely erased multiple of their original shows such as regular shows spiritual successor Close Enough which is now completely lost media and many other shows as well. The disastrous DCEU has now ended lamely with The Flash and Aquaman 2. However there is an upside I see coming. Marvels pivotal movie I believe is GotG which changed the formula and style of the MCU and that was directed by James Gunn who now is heading the reboot if Warner Bros DCU with the highly anticipated Superman movie next year. Lately Marvel's movies have underperformed at the Box Office and rating wise with exceptions to James Gunns Gotg 3 and is why there is only one MCU movie releasing 2024. They also are increasing Disney+ ad free subscription to $140 a year! I can see Marvel fans jumping ship to DC once the reboot is released, it'll be fresh, new, different and headed by a beloved MCU director (he was rehired by disney only for gotg3 after intense backlash from fans over him being fired from tweets). Disneys Star Wars has had plenty of critisism and is loosing fan interest with the movies and TV shows. Disney and Warner Bros functionally are the same when comparing what they own. Disney has the MCU and Star Wars and Disney plus with new shows like percy Jackson, and Mickey Mouse while Warner Bros has DCU, the acclaimed Dune movies, HBO Max, Looney Toons, and a new Harry Potter TV series. IDK guys but the 52 week high was $15 and rn it's $8 with all this new content coming to Warner Bros next year on HBO and theaters, Joker 2, Batman 2, The Penguin TV show, Dune movies, and more (as long as it's not shelved) I can see WBD going back to $15 a share or if it matches Disney's price over $100. What do you think?

Helios330

Crazy how no one is talking about WBD rn

runner322

I took a long BITX and DWAC today. those will ride tomorrow. I also have a RBLX short I will probably take a small loss on. Tomorrow I plan on shorting FCX and long WBD and HOOD FCX has a rising wedge on the 1hr that broke down at the end of the day. HOOD had a 1hr MACD buy signal on the last candle of the day. WBD bounced off the bottom of a falling wedge on the 1hr today. BITX price target of 60 (BTC all time highs be the end of the week!). trailing stop on DWAC, dumping RBLX in the premarket, Riding FCX short down to the 50 period on the 1hr chart. WBD price target 8.80 or 200 period on the 1hr.

moutonbleu

Been bag holding for a while so this bounce has brought me to break even, thank god. Now if only WBD would show some momentum…

bdh2067

One and the same. He cut projects that were in the works to save money. But in doing so (for short-term savings), he’s sacrificing long-term revenue. Why be in the media business if you’re not putting out new work? (Full disclosure - I don’t care either way, wouldn’t touch the stock - just answering OP’s question on why WBD gets no respect right now.)

YTThe_Chartist

$WBD is going to moon for 4/23 earnings. https://preview.redd.it/x7kzabx00jqc1.png?width=1815&format=png&auto=webp&s=ad17a12b4fdd8c84f1d2b826977295be879df2c3

Briefingdata

WBD is one of the most mismanaged media companies i can think of. I wish i could have shorted them years ago. I've been telling people for years that my dumb ass would be able to manage this company better. It also had 3 of the biggest box office bombs last year. Sure Barbie made up for them all, lol, but Barbie didn't succeed because of WBD leadership either

dtlabsa

PARA $15 April 19 Calls so WBD $10 April 19 Calls.

No_Bread2701

PARA and WBD - undervalued content producers that are changing from cable to streaming.

PlumpkinMunchkin

Welp. Lost $125 on PARA and WBD. Cutting my losses short before theta starts to vaporize whatever remains left.

PlumpkinMunchkin

Bought calls for PARA and WBD calls. Nothing else seems dirt cheap. Except your mom

mattm329

Ebitida does matter where do you think FCF comes from? Dune they don’t own they are only distributor, same with Barbie and Oppenheimer WBD had nothing to do with. They most assuredly will not have 6 billion fcf in 2024; management alluded to as much in last earnings hence the massive pullback afterwards. Fcf will most likely be between 4-5; WBD may be a value play here with to much pessimism priced in but imo they are not some multi bagger. not saying it’s not a good buy at these levels just not my cup of tea

PutSpreadDaddi69

IWM like “what fade?” Just need a couple more pennies on WBD for a strong close

PutSpreadDaddi69

WBD has a shot! Finally

PutSpreadDaddi69

I’m on WBD like Chamalet on a worm

PutSpreadDaddi69

Alright boys let’s really send WBD

PutSpreadDaddi69

VNO and other REITS getting bids. Anything with a lot of debt that benefits from lower rates. This is why IWM is doing well. I just want my WBD to go as well

PutSpreadDaddi69

Rotation out of good stocks into companies with ugly balance sheets like IWM names. SMG, etc. My debt-riddled WBD should be one of them but that cuck David Faber was on CNBC throwing water on the PARA deal

PutSpreadDaddi69

Bros get out of nvda and tech and into IWM WBD the tech long is tired

PutSpreadDaddi69

WBD regard strength

PutSpreadDaddi69

I try and try to recommend WBD but yall would rather get picked off in MU market orders bc it was up 20%