Warner Bros. Discovery says ‘working aggressively’ to pare down expense base
The Fly

Warner Bros. Discovery says ‘working aggressively’ to pare down expense base

Says making “strong progress” executing strategy. Says making “substantial progress” at Max. Expects Max subscriber growth going forward. Expects content to provide “meaningful competitive advantage.” Expects to surpass EBITDA goal in 2025. Anticipates improved profit from studios in Q4. Comments taken from Q3 earnings conference call.

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