A bright spot emerges in the streaming segment. HBO Max, WBD's flagship platform, achieved a significant milestone by reaching profitability for the first time, boasting $103 million in full-year adjusted EBITDA. This achievement underscores the company's strategic focus on streaming as a key growth driver. Furthermore, global direct-to-consumer subscribers reached 97.7 million, demonstrating continued subscriber growth, although the pace slowed compared to the previous quarter.
WBD prioritized debt reduction, successfully paying down $5.4 billion in debt throughout 2023 and $1.2 billion in Q4 alone. This commitment to financial discipline resulted in a notable increase in free cash flow, reaching $6.16 billion for the full year, a significant 86% jump compared to the previous year. This improved cash flow position strengthens WBD's financial flexibility and provides resources for future investments.
I didn't click your sources but I'm pretty sure that NFLX cleared like $1B last quarter.
Hm ok, probably watchlist bias on my endNah, TSLA is just moving up in line with most of the rest of the market. Except for half of the Big 7, which are red so far today for some odd reason.
Where do you see this rocket, sir? All I can see is a Google sell off + everything else pretty much flat or down .5%.
When I posted, 3 of my biggest holdings, AMD, CRSP, and RYCEY were all up around 3%. A little less now.Where do you see this rocket, sir? All I can see is a Google sell off + everything else pretty much flat or down .5%.
I'm surprised that Apple has done nothing over this AI boom. And also at how quiet they've been around AI.
I believe the summer they'll have bigger gains when we see what WWDC will have.I'm surprised that Apple has done nothing over this AI boom. And also at how quiet they've been around AI.
i would add more with the google woke discount but there's just too many better things to buyWow EL GOOG selling off hard. Is this the "woke" discount? These types of discounts seem to always end up being a good opportunity 🤣
Never thought I'd live to see the day where GOOGL is great value Meta.i would add more with the google woke discount but there's just too many better things to buy
rest of mag 7 is just sexier, google is the value option here
their chatgpt clone was making pictures of diverse skin colored nazis and calling elon hitler
So, 50% correct? Seems decent for a first iteration.their chatgpt clone was making pictures of diverse skin colored nazis and calling elon hitler
this isn't the first time this thing fucked up either