Professional
Added to YB: 2024-05-21
Pitch date: 2024-05-14
WBD [bullish]
Warner Bros. Discovery, Inc.
+215.42%
current return
Author Info
No bio for this author
Company Info
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks.
Market Cap
$68.2B
Pitch Price
$8.69
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.12
P/E
94.79
EV/Sales
2.72
Sector
Entertainment
Category
value
Silver Ring Value Partners Added On Portfolio Holding: Warner Bros. Discovery, Inc.
WBD: Hated by many due to missed targets & secular pressures, but assets are unique & difficult to replicate. 4 main biz: Warner Studio (leading studio), HBO (strong brand), Discovery networks (dominate niches), Turner networks (weakest). Analysis shows value > single digit stock price. Likely to be acquired at large premium given uniqueness of assets. Potential buyers: Comcast, Netflix, Amazon, Apple. Small position as thesis not playing out yet, but will add if execution improves & pressures abate.
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