Warner Bros Discovery ($WBD)
It's not about how much, it's about how good
Market Cap: $33bn
Valuation: 7x EBITDA / 7x FCF
There’s already a lot of opinion out there on both WBD and the rest of the media/streaming universe (or multiverse!). Even Buffett/Berkshire has been buying shares of Paramount.
Let me preface by saying that I find it hard to own any of the pure media / DTC companies given how quickly the landscape is changing. Or at least hard to own any of them in size. Though there are still ways to make money here!