KQED Nightly Business Report June 22, 2024
Reaction one that was focused on the changing ways people watch television. Time warner reported a strong quarter. And they werent concerned about cutting the cord. Still the market didnt buy it. Discovery also failed to impress when it missed both on earnings and revenue expectations. Investors were alarmed. Fears about cord cutting hit the sector hard with disney a dow come possibly faug more than 9 . Time warner off off the same almost. Discovery falling 10 . A Television Industry in flux. Mediaiants future may hinge on corn cutting trends and stand alone media apps. Disneys talk of subscri...