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CNN Profit Plummets: $600M Forecasted, Down From $1B in 2016
Warner Bros. Discovery projects CNN's 2026 adjusted operating profit at $600 million, a significant decline from the nearly $1 billion reported a decade prior. This decrease highlights the evolving media landscape and the pressure on CNN to offset declining TV revenue with growth in its direct-to-consumer streaming business, impacting Warner Bros. Discovery's linear TV financial performance. The company still expects CNN's top-line revenue to grow over the next five years.
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