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Warner Bros. Discovery Narrows Q4 Loss Despite 14% Decline in Ad Revenue

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Warner Bros. Discovery narrowed its fourth-quarter loss by a significant margin as cost reductions and reduced content production caused by last year’s Hollywood labor stoppages helped it maneuver around a 14% decline in advertising sales and other onerous conditions for traditional media companies. The owner of the TNT and TBS cable networks,. the Warner Bros. […]

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