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Is This the End for Warner Bros. Discovery Stock?

Is This the End for Warner Bros. Discovery Stock?

Warner Bros. Discovery (NASDAQ: WBD) has had a challenging run this year. The Collinsville Police Pension Board (CPPB) alleges Warner Bros. Discovery, which claims more than 92 million subscribers, has inflated the number by as much as 10 million. Lawyers for the CPPB say Warner Bros. Discovery has incorrectly counted customers of AT&T -- WarnerMedia's previous owner -- who were given access to HBO Max yet actually never logged in.