Strikes May Cost Warner Bros. 10 Times More Than Demands of WGA Would Have

The entertainment studio Warner Bros. Discovery (WBD) made a new regulatory filing on Tuesday, announcing that its expected 2023 earnings estimate will be lower than it had initially anticipated. The lowered revenues, according to the studio, are “predominantly due to the impact of the strikes” by members of the Writers Guild of America (WGA) and the Screen Actors Guild and the American Federation…

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This post was originally published on Latest – Truthout.