Digital ads are getting an important upgrade.
Shares are down more than 10% over the last thirty days.
On Thursday before the bell, Warner Bros Discovery Inc (NASDAQ: WBD) reported its first quarter results and came short of estimates. Earlier this week, it announced it will be teaming up with The Walt Disney Company (NYSE: DIS) to offer a streaming bundle in an effort to further strengthen its positioning in streaming against market leader, Netflix (NASDAQ: NFLX). First Quarter Highlights For the quarter ended on March 31st, WBD reported revenue dropped 7% YoY to $9.96 billion, which was short o