Money

Warner Bros Discovery expects billions charged in unwanted content

Published

2 years ago

October 25, 2022

ticker NEWS

Warner Brothers has put a price on its decision to scrap some of its major titles

Films and series like Batgirl, and the The Not-Too-Late Show with Elmo are among the program offerings, which have been deemed unworthy of the investment.

Warner Bros Discovery believes this adds to around $2.5 billion in costs associated with cutting content.

It follows a merger between the WarnerMedia unit and Discovery to form the Warner Brothers brand earlier this year.

The company’s Chief Executive has promised it would lead to $3 billion in savings.

It hopes to secure a pretax charge of $1.3 billion to $1.6 billion in the third quarter.

It follows the removal of 36 titles from the HBO Max streaming service, including shows like ‘Generation’.

There is also a round of layoffs hitting the company, which it believe will lead to up to $1 billion dollars in relief.

Money

Research key to investment success

Published

6 hours ago

May 6, 2024

ticker NEWS

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

8 hours ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

Money

Unpacking crypto ‘prop trading’

Published

3 days ago

May 4, 2024

ticker NEWS

What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto Calls, Cheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.