|Bid||11.43 x 900|
|Ask||11.49 x 28000|
|Day's Range||11.00 - 11.68|
|52 Week Range||8.82 - 16.34|
|Beta (5Y Monthly)||1.58|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 21, 2024 - Feb 26, 2024|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.64|
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Warner Bros. Discovery (WBD) has secured an exclusive output deal with acclaimed indie film studio A24. The multi-year pact will bring A24's movies to Warner Bros.' platforms, including HBO cable networks and Max streaming. A24 is renowned for hits like "Uncut Gems" and "Everything Everywhere All At Once." The deal provides Warner Bros. Discovery access to these buzz-worthy films as the media giant aims to boost its content pipeline amid fierce streaming competition. Yahoo Finance's Alexandra Canal, Pras Subramanaian and Josh Schafer break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Content distributors and media companies are partnering on new streaming bundles in the hopes of gaining a more loyal audience.
Warner Bros. Discovery and A24 inked a new deal to give the entertainment giant exclusive access to the independent film maker's titles, helping boost WBD shares.