Warner Bros. Discovery Says Ongoing Strikes Will Mean $300M-$500M Hit to 2023 Earnings ( www.hollywoodreporter.com )

"The company now expects to exceed $1.7 billion in free cash flow for the third quarter of 2023, in part due to the strong performance of 'Barbie' as well as incremental impact from strike-related factors," the entertainment giant says in a regulatory filing.

520 ,

As someone with investments in them... Good. I hope it stings.

Profits should not be coming at the cost of your people's livelihoods.

Tronn4 ,

O noes /s

Empricorn ,

Are these the disgusting greedbags that actually suggested “starving out” people and families currently not receiving any income during the strikes?

magnor ,
@magnor@lemmy.magnor.ovh avatar

Good.

Hiccup ,

I’m totally fine with this man making less money.

eee ,

But how will he afford his third summer home in Santorini??

Potatofish ,

Meanwhile… Bonuses for everyone in management!

athos77 ,

If they're so important to your bottom line, maybe you should pay them more.

eee ,

Good, hit them where it hurts.

robbotlove ,

wouldn’t it be cheaper to just pay your employees appropriately?

Viking_Hippie ,

Probably, but that would make them appear weak at the monthly Supervillain Club meeting, can’t have that!

WarmSoda ,

I thought you were joking. But you’re not.

Zaslav will speak at a Goldman Sachs investor conference in San Francisco on Wednesday, along with other Hollywood leaders.

Sanctus ,
@Sanctus@lemmy.world avatar

Fuck, why can’t this be fictional? And their only retort will be similar to “from my point of view, the jedi are evil”.

Cruxifux ,

Why is it that every time I see something evil it’s followed by “Evil McBastard will be speaking at a Goldman Sachs conference.”

Empricorn ,

It’s not always about money, sometimes it’s about control. Look at companies dragging overperforming WFH employees back to the office…

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