(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniZelenskiy Says 31,000 Troops Killed as Ukraine Seeks US Aid Decision Within MonthJack Ma-Backed Ant Outbids Citadel Securities for Credit Suisse’s China JVNorwegian Cruise Ship Halted at Mauritius Due to OutbreakWalt Disney Co. and Reliance Industries Ltd. have
Disney's turnaround is underway, and the future looks bright.
When it comes to streaming, Warner Bros Discovery Inc (NASDAQ: WBD) reached profitability before its legacy media rivals such as The Walt Disney Corporation (NYSE: DIS), Comcast Corporation (NASDAQ: CMCSA) and Paramount Global (NASDAQ: PARA). However, with a slump in advertising revenue, Warner Bros missed both top and bottom-line estimates with its fourth quarter results. After the report, shares fell 12% in early trading on Friday. Fourth Quarter Highlights For the quarter that ended on Decemb