© Reuters. FILE PHOTO: The Warner Bros logo is seen during the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. REUTERS/Eric Gaillard
(Reuters) – Media company Warner Bros Discovery (NASDAQ:) said on Monday it was expecting to record a pre-tax restructuring charge of $1.3 billion to $1.6 billion in the third quarter, primarily related to content.
AT&T Inc (NYSE:)’s WarnerMedia unit and Discovery Inc completed their merger in April to form Warner Bros Discovery.
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