Warner Bros. Discovery Says WGA Strike To Affect Cash Provided By Operating Activities By ~$100M
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Warner Bros. Discovery has announced that the ongoing WGA strike will impact its cash provided by operating activities by approximately $100 million.
August 04, 2023 | 12:59 pm
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The WGA strike is expected to affect Warner Bros. Discovery's cash provided by operating activities by about $100 million.
The ongoing WGA strike is expected to have a significant impact on Warner Bros. Discovery's operating cash flow. This could potentially affect the company's ability to invest in new projects or cover operational costs, which could negatively impact its stock price in the short term.
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