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Studios and streaming gains are eclipsed by a $2.9 billion first-quarter deficit
Strong Q1 performance, hit content slate and WBD merger in focus
Investors wave through a $111 billion megamerger but deliver a stinging, if toothless, rebuke over half-a-billion-dollar goodbye packages
Hit shows and global franchises arrive as platform sharpens streaming edge
Former SonyLIV content head to steer films and series at streaming arm
