Warner Bros. Discovery Sees Max Hit 116.9 Million Subscribers

Warner Bros Discovery Sees Max Hit 116.9 Million Subscribers As Streaming Posts Profit, Cable Network Ad Revenue Falls 17%
Warner Bros. Discovery linear networks continued to lose ground amid ongoing challenges, weighing on the fourth quarter along with one-time charges.
Warner Bros. Discovery Turns $677M DTC Profit for 2024, Streaming Subs Grow to 116.9M
The Hollywood giant, led by CEO David Zaslav, disclosed a $9.1 billion networks unit impairment charge for 2024 and outlined a path to 150 million streaming subs by the end of 2026.
Warner Bros. Discovery Swings to Streaming Profit of $409 Million in Q4
You are reading an exclusive WrapPRO article for free. Want to level up your entertainment career? Go here for more information. Shares of Warner Bros. Discovery climbed over 8% on Thursday as the streaming division swung to a profit of $409 million in its fourth quarter of 2024 and added 6.
Warner Bros Discovery shuts three videogame studios, spokesperson says
Warner Bros Discovery is shutting down three of its videogame development studios in a move aimed at boosting profitability for its gaming division amid a sluggish recovery in the market, a spokesperson for the company's games unit said on Tuesday.
Warner Bros. Losses Widen as Revenue Drops. Here’s the Good News From Its Earnings.
Warner Bros. Discovery posted a bigger loss than Wall Street was expecting Thursday, as a slump in advertising spending dragged on revenue for its TV networks. But investors didn’t appear too fazed by the media conglomerate’s latest results,
Warner Bros. Discovery Sees Q4 Loss On $1.9 Billion in Charges, Adds 6.4 Million Subscribers
Warner Bros. Discovery posted a fourth-quarter loss as the company grappled with $1.9 billion in charges and restructuring expenses, even as the company added 4.6 million subscribers to its streaming outlets.
Warner Bros. shuts down three game studios, cancels Wonder Woman title
Warner Bros. Discovery Inc. is closing three video game studios and halting work on a highly anticipated Wonder Woman title ...
Warner Bros DC & Mattel Ink Multi-Year Consumer Products Deal
Mattel, Inc. and Warner Bros. Discovery Global Consumer Products announced a global, multi-year licensing agreement utilizing ...
Warner Bros. Games Kills ‘Wonder Woman’ Title, Shutters 3 Studios in Cost-Cutting Move
Warner Bros. Games is pulling the plug on a "Wonder Woman" title and shutting down three studios in a cost-cutting move.
Warner Bros Discovery's Max to offer sports, news content at no extra cost for premium, standard users
Warner Bros Discovery said on Wednesday that it plans to offer sports and news content at no additional cost on its streaming ...
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Warner Bros. Discovery Drops ‘Diversity’ And ‘Equity’ Language From DEI Initiatives: Here Are All The Companies Cutting DEI Programs
Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their ...
Warner Bros. Misses EPS Expectations
Warner Bros. Discovery reported earnings that fell short of expectations amid challenges in its Networks and Studios segments ...
Warner Bros. Streaming Gains Helps Offset Decline in TV Networks
Warner Bros. Discovery Inc., the parent of CNN and HBO, reported fourth-quarter sales that missed analysts’ estimates, ...
Warner Bros. Discovery to Refer to DEI Efforts As “Inclusion” After Trump Mandate
Warner Bros. Discovery is doing away with the term DEI, but says it is still committed to inclusion within its company. In a ...