HomeBusinessFinance Sector Stock NewsWBD, PARA: Linear Advertising Is At A “Negative Tipping Point”

WBD, PARA: Linear Advertising Is At A “Negative Tipping Point”

March is probably too early for a rate cut, notes the Fed’s Mester. Kevin Hincks and Renita Young discuss the latest with the Fed, along with Warner Bros. Discovery (WBD) and Paramount (PARA) being downgraded at Redburn. The analyst notes that linear advertising is at a “negative tipping point,” and consensus estimates don’t adequately forecast declines across the media group. Tune in to find out more about the stock market today.

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11 Jan 2024

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