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Posted by
Two Blokes Apr 24 -
Filed in
Stock
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7 views
WBD has delivered the D2C inflection as promised, as observed in the positive bottom-line, growing advertising opportunities, and expanding streaming share. It is apparent that the management's new content initiatives have born fruit, with it likely to drive renewed growth opportunities ahead. Even so, readers must note that WBD's efforts have impacted Free Cash Flow generation and likely a slower balance sheet deleveraging path ahead.
