Warner Bros. Posts Lower Sales, Profit Amid Takeover Fight

Warner Bros. Discovery reported lower fourth-quarter sales and earnings, with fourth-quarter revenue declining 6% to $9.46 billion and adjusted earnings before interest, taxes depreciation and amortization shrinking to $2.22 billion. And Paramount Skydance reported fourth-quarter sales and earnings that beat Wall Street projections, with revenue of $8.15 billion and adjusted operating income of $612 million. Bloomberg's Geetha Ranganathan.