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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Comcast Faces Skepticism On Wall Street As Ad Decline Accelerates, Strike Toll Mounts And Broadband Experiences Buffering

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deadline.com

Wall Street gave decidedly mixed reviews to Comcast‘s third-quarter earnings report, even though the numbers beat analysts’ expectations on both the top and bottom lines.

Shares in the media giant fell more than 8% to close at $39.15, in part due to investor angst over a surprising decline in broadband subscribers.

The total dropped 18,000 year-over-year to settle at 32.3 million, though analysts had forecast an increase of 3,600 subscribers.

The closing price is the stock’s lowest since June 6. While stocks across the media sector, including notables like Disney, Warner Bros.

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