HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
How does a company with so much history and assets fall so low so fast?
I mean, last year's decision to release movies on HBO Max clearly backfired...and yet, Universal is still trying to do that with Peacock. At least they're not spending so much money on streaming movies, at least that I know.
Kit: Warner Bros. Discovery... has only enough cash to release 2 movies from now to the end of this year (DWDRL, BADAM) Aug 24, 19:04
"They have no money and no clues," says one exasperated producer. (likely of a movie that is pushed to 2023) Aug 24, 19:05
3 movies. HBO Max production "House Party" will also get theatrical release in 2022. {nm} Aug 25, 00:44
How does a company with so much history and assets fall so low so fast? Aug 25, 05:49
Heaping tons of debt. {nm} Aug 25, 07:18
I've been nervous to check in on my friends/colleagues/contacts there. {nm} Aug 25, 07:25