Warner Bros. Discovery Can Still Excel in a Recession -- Market Talk

Dow Jones2025-04-09

1026 ET - Warner Bros. Discovery shares have been caught up in recent marketwide declines that belie its ability to deleverage, even if a recession hits the economy, Benchmark analyst Matthew Harrigan says in a research note. Despite a slowdown in the advertising market amid a global trade war and faster-than-expected deterioration in the linear TV business, Harrigan is still confident in the company's evergreen movie and TV studio and its streaming franchises. CEO David Zaslav's suggestion that Warner Bros. can hit 150 million streaming subscribers by the end of 2026 remains tenable even in an uncertain economy, the analyst says. (dean.seal@wsj.com)

(END) Dow Jones Newswires

April 09, 2025 10:26 ET (14:26 GMT)

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