Warner Bros. Discovery said Wednesday it expects larger costs related to its acquisition of AT&T’s WarnerMedia as it seeks to scale back operations. The recently merged company — the parent company of HBO, CNN and other broadcasters — said in a filing that it expects to incur pretax restructuring charges of $4.1 billion to $5.3 billion, including $2.8 billion to $3.5 billion Billions of dollars for content impairment and development amortization. These numbers are higher than previous estimates of $3.2 billion to $4.3 billion in restructuring charges, with content impairment and development charge-offs of approximately $2 billion to $2.5 billion. The exact…
