This Could Be a Game-Changer for Warner Bros. Discovery. Time to Buy?

·4 min read

Warner Bros. Discovery (NASDAQ: WBD) has made headlines on a near-weekly basis as its CEO David Zaslav restructures the company to prioritize profits and pay down a looming debt. Building on this, recent reports state that Zaslav has decided to focus on releasing films theatrically rather than debuting new titles on the company's streaming service, HBO Max. The COVID-19 lockdowns and theater closures prevalent throughout 2020 and 2021 led WarnerMedia to adopt various release strategies to boost its newest films, to the detriment of box-office revenue.