Warner Bros. Discovery Says Ongoing Strikes Will Mean $300M-$500M Hit to 2023 Earnings

Warner Bros. Discovery has lowered its 2023 adjusted EBITDA forecast due to strikes, with a hit of $300 million-$500 million, and now expects the strikes to persist through the end of 2023.

hollywoodreporter.com

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9/5/2023

Warner Bros Discovery expects earnings hit of up to $500 million as strikes drag on

Warner Bros. Discovery expects a financial impact of $300 million to $500 million due to ongoing writers' and actors' strikes, assuming the strikes will continue through the end of the year.