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Did the Barbie movie just save Warner Bros?

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Warner Bros Discovery, the entertainment conglomerate, has announced that the ongoing strike and the sluggish advertising market are expected to continue affecting its operations until 2024.

 
This announcement comes as a blow to the company, as it grapples with the prolonged disruption caused by the strike of its workforce.

The strike, initiated by employees seeking better working conditions and wages, has severely impacted the production and release of several high-profile projects, including movies and television series. This has not only resulted in financial losses but also tarnished the company’s reputation.

Additionally, the company has been facing challenges in the advertising sector due to the lousy ad market conditions. Many businesses have cut back on their advertising budgets, leading to a decline in revenue for Warner Bros Discovery.

The company’s executives are now devising strategies to mitigate the losses and navigate through these challenging times. They are exploring new avenues for revenue generation and actively working to resolve the strike issues through negotiations with the workforce.

The continued effects of the strike and the tough ad market raise concerns about Warner Bros Discovery’s financial stability and future prospects in the entertainment industry. #featured

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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