Warner Bros. Discovery Grows DTC Profit to $289M, Streaming Subs to 110.5M, Led by Olympics
Warner Bros. Discovery posted a third-quarter profit gain to $289 million for its direct-to-consumer (DTC) unit, which includes its streaming and premium pay-TV services, compared with a $111 million year-ago profit.
Warner Bros. Discovery Stock Jumps on Max Streaming Momentum, Upbeat M&A Outlook
Warner Bros. Discovery stock rose on momentum in the Max streaming biz and the potential for Trump to grease the wheels for industry consolidation.
Warner Bros. Discovery says it will beef up ads on its Max streaming service
Warner Bros. Discovery's Max serves fewer ads per hour compared to other streaming platforms.
Warner Bros. Discovery Swings to 3Q Profit on Strong Streaming Growth
Warner Bros. Discovery saw a surprise profit in the third quarter as it posted better-than-expected growth in streaming subscribers. Warner Bros. Discovery posted a profit of $135 million, or 5 cents a share,
Warner Bros. Discovery Adds 7 Million Streaming Subs in Q3 to Hit 110 Million as Box Office Dives 40% in ‘Barbie'-Less Summer
Warner Bros. Discovery reported its third-quarter 2024 earnings results Thursday. The July 1-Sept. 30 period concluded with WBD's HBO, Max and Discovery+ boasting more than 110 million global subscribers,
Warner Bros. Discovery Posts Streaming Profit of $289 Million in Q3 as Subs Grow to 110.5 Million
Warner Bros. Discovery posted a streaming profit of $289 million during its third quarter of 2024 after posting its largest ever quarterly growth in subscribers since the launch of Max, topping 110 million globally.
WBD expresses openness to M&A and spinoffs, password crackdown on Max coming soon (update)
Warner Bros. Discovery (NASDAQ:WBD) posted mixed results for its third quarter on Thursday and the media conglomerate ...
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Seaport Global Sticks to Their Buy Rating for Warner Bros (WBD)
In a report released today, David Joyce from Seaport Global reiterated a Buy rating on Warner Bros (WBD – Research Report), with a price target of $12.00. The company’s shares closed yesterday at $9 ...
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Paris 2024 helps WBD boost Discovery+ subscribers as Max enjoys record growth
WBD now has 110.5 million DTC subscribers globally, 52.6 million of which are in the US Quarter was the strongest ever for ...
Warner Bros. Discovery Breaks Into The Black
Warner Bros. Discovery achieved its first company-wide profit post merger. Read more about recent earnings and what to expect ...
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Wells Fargo Remains a Hold on Warner Bros (WBD)
In a report released today, Steven Cahall from Wells Fargo maintained a Hold rating on Warner Bros (WBD – Research Report), with a price target of $11.00. The company’s shares closed yesterday at $9 ...
Warner Bros. Discovery to report earnings amid linear TV declines, loss of key NBA rights
Warner Bros. Discovery ( WBD) will report third quarter earnings before the bell on Thursday as the media giant struggles ...
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Warner Bros. Discovery (NASDAQ:WBD) Reports Sales Below Analyst Estimates In Q3 Earnings, But Stock Soars 10.2%
Global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) fell short of the market’s revenue expectations ...
Warner Bros. Discovery Q3 Earnings: Olympics and Blockbusters Drive Gains, CEO Highlights Subscriber Surge and New Partnerships
Warner Bros. Discovery, Inc reported a 3% revenue decline and missed analyst estimates, but saw growth in DTC subscribers and ...
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WBD's David Zaslav Optimistic About Industry Consolidation After Trump Election
Zaslav has been banging the consolidation drum for some time, and thinks the election results could allow for more. While the ...