Content write-offs add another billion dollars to WBD restructuring costs – Digital TV Europe

Warner Bros. Discovery has significantly increased its estimates on how much the company’s current pivot to streaming is going to cost. With the US TV sector gripped by a series of high profile show cancellations, WBD made an SEC Filing in which it said total pre-tax restructuring charges would now be in the range of $4.1-$5.3bn. In October, the company estimated this figure would be between $3.2-$4.3bn.

Source: Content write-offs add another billion dollars to WBD restructuring costs – Digital TV Europe

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