'Margaritaville' singer Jimmy Buffett dies at 76
Buffett turned his beach-bum lifestyle into an empire, and was successful far beyond his music.LEARN MORE
The company said in a regulatory filing that it expects 2023 adjusted earnings before interest, taxes, depreciation and amortization to be lower.
Warner Bros. Discovery is cutting its profit expectations for the year, saying it will likely incur costs as high as $500 million tied to the ongoing Hollywood writers' and actors' strikes.
The U.S. film and television industries remain paralyzed by the dual strikes. The writers strike began in May and the actors joined them on July 14.
Warner Bros. Discovery owns HBO and Max, CNN, TNT and a host of other entertainment outlets, including DC Comics.
The company said in a regulatory filing that it now expects 2023 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to be between $10.5 billion to $11 billion, down from $11 billion to $11.5 billion.
"While [Warner Bros. Discovery] is hopeful that these strikes will be resolved soon, it cannot predict when the strikes will ultimately end. With both guilds still on strike today, the company now assumes the financial impact to [Warner Bros. Discovery] of these strikes will persist through the end of 2023," the company stated.
Shares of Warner Bros. — based in New York City — rose by about 2% Tuesday.
Grimes is requesting a court order to identify her as a legal parent of the children she shares with Elon Musk.
The advertisement uses the actor's image and likeness to promote a dental plan without his permission.
Antle was convicted of illegally purchasing endangered lion cubs in Virginia for display and profit at his South Carolina zoo.
Storms prompted a "Severe Thunderstorm Watch" for parts of North Texas, bringing the potential for heavy rain, hail, and damaging winds.
A pilot is facing charges after being accused of stalking a woman on the ground and in the sky for years.
Approximately 125,000 borrowers will benefit from new fixes for income-driven, public service and disability-related repayment plans.