Reckoning with Legacy Media: WBD Invests in CNN

Joseph Bonner and Seth Schachner take on the legacy media landscape. They discuss CNN’s recent layoffs, which Seth calls a “solid” attempt after Joseph said they were “not a surprise.” Seth notes the “scrutiny” media vectors are coming under from corporate owners over costs. Joseph likes Netflix (NFLX) and Walt Disney (DIS) in the space.

The Watch List

24 Jan 2025

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