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Investors Will Need a Lot of Convincing Before Buying This Beaten-Down Stock

·4-min read

Warner Bros. Discovery (NASDAQ: WBD) is undergoing this process as it works to pay down a considerable debt, to the detriment of its international presence. Here's why Warner Bros. Discovery may have already lost the streaming wars as it falls behind abroad. The merger of WarnerMedia and Discovery that led to the launch of Warner Bros. Discovery also saddled the new company with about $55 billion of debt.