HBO Max Hit 131.6M Subs, NBA Exit Pinches Advertising As WBD Deal Drama Dominates Q4

HBO Max added subscribers and grew revenue. Warner Bros. Discovery media networks lost ground with advertising pinched year-on-year by the loss of the NBA in a mixed quarter. But it’s the roiling M&A tide, with Paramount suddenly in a position to hijack a planned Netflix transaction, that’s top of mind on Wall Street amid WBD’s […]