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Warner Bros. Discovery cuts a 2023 earnings forecast, citing Hollywood strike-related costs

Por: ABC News Business September 05, 2023

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Warner Bros. Discovery is cutting one of its full-year earnings forecasts, saying it will likely incur $300 million to $500 million in costs due to the ongoing Hollywood writers and actors' strikes.The U.S. film and television industries remain paralyzed by dual strikes by its actors and screenwriters. The writers strike began in May and the actors joined them on July 14.The company said in a regulatory filing that it now expects 2023... + full article



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