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.
New Max Subscribers Surge for Warner Bros Discovery (NASDAQ:WBD)
There was great news today for entertainment giant Warner Bros Discovery (WBD), which is great, because the news has not been especially good
Warner Bros. Discovery Swings to Streaming Profit of $409 Million in Q4
The media giant, which boasts a total of 116.9 million streaming subscribers, says it has a clear path to reach at least 150 million globally by the end of 2026
Warner Bros Discovery Stock Rallies As Positive Streaming Business Outlook Overrides Q4 Miss: Retail Stays Bullish
Warner Bros. Discovery, Inc. (WBD) shares rallied early Thursday after the media and entertainment company issued upbeat commentary about its streaming business, comprising Max and Discovery+ services.
Warner Bros. Discovery (NASDAQ:WBD) Misses Q4 Sales Targets, But Stock Soars 5.1%
Global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) in Q4 CY2024, with sales falling 2.5% year on year to $10.03 billion. Its GAAP loss of $0.20 per share was significantly below analysts’ consensus estimates.
Warner Bros. Discovery (WBD) Q4 2024 Earnings Call Transcript
Ladies and gentlemen, welcome to the Warner Bros. Discovery fourth quarter 2024 earnings conference call. At this time, all participant lines are in a listen-only mode. After the speakers’ presentation,
WBD’s Max Streaming Service To Remove Sports, News From Basic Tier
Access to sports and news on the Max streaming service will be reserved for its more expensive tiers after next month, ...
Venu is done. Here's how Fox, Disney and WBD plan to go it alone in sports streaming
Fox, Disney and Warner Bros. Discovery disbanded their efforts to launch Venu, a joint sports streaming service.
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 ...
Sports Business Journal1d
WBD sees mixed results in Q4, touts ‘disciplined’ sports strategy
Warner Bros. Discovery saw mixed financial results in Q4, but touted its ‘disciplined’ sports strategy, saying sports is an ...
WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026
Warner Bros. Discovery said Thursday it added 6.4 million global streaming subscribers in the fourth quarter for a total of ...
WBD banishes the video game studios, Wonder Woman game to Phantom Zone
Discovery has canceled a Wonder Woman video game and closed three gaming studios in another restructuring effort that we’re ...
Advanced Television2d
WBD FY revenues dip, but hails DTC success
Warner Bros Discovery (WBD) has reported financial results for the quarter and year ended December 31st 2024. In a letter to ...
adexchanger2d
WBD Suffers From Linear Losses – Can Streaming Turn The Tables?
WBD's ad revenue dropped 7% last year. Its survival depends on its streaming service, Max, its lifeline in the intensifying streaming wars.
David Zaslav Downplays Need for More Sports, Says WBD Will be ‘Money Good’ After NBA Deal Ends
Warner Bros. Discovery CEO David Zaslav downplayed a need for the company to acquire more sports rights, noting that fees ...