WarnerMedia Earnings Fall on Higher Content and Marketing Costs; Discovery Deal to Close in Second Quarter

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AT&T narrows its guidance for the timing of the close of the WarnerMedia-Discovery merger, saying it expects it 'in the second quarter' after previously saying it would happen by mid-year.

At WarnerMedia, operating income fell 38 percent to $1.58 billion, even though quarterly revenue rose 15.4 percent to $9.9 billion, “reflecting the partial recovery from prior-year impacts of the pandemic.” The company cited “higher content and other revenues and subscription revenues, partially offset by lower advertising revenues.

” The Warner film unit’s film releases in the final quarter of 2021 included“Content and other revenues increased driven by higher TV licensing and theatrical, with the prior-year quarter including only one key theatrical release compared to four in fourth-quarter 2021,” the company explained. “Subscription revenues increased primarily due to growth of

 

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Can anyone tell me the Movie name from which this still is taken *?

'Pay no attention to the $42 billion we lost on WM!'

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