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 Sees Q4 Loss On $1.9 Billion in Charges, Adds 6.4 Million Streaming Subscribers
Warner Bros. Discovery posted a fourth quarter loss after seeing $1.9 billion in charges even as it added 6.4 million streaming subscribers
Warner Bros Discovery expects streaming profits to double, sets 150 million users goal
Warner Bros Discovery said it expects streaming profits to double this year and forecast at least 150 million subscribers for the business by 2026, setting a bold target as it benefits from the global rollout of Max and tight cost controls.
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 games revenue dropped 29% during Q4 2024
Warner Bros. has released its financials for Q4 and FY2024, reporting that revenue for its games segment dropped 29%
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. Discovery Renames DEI Group to Refer Only to ‘Inclusion'
Warner Bros. Discovery, amid a war on diversity, equity and inclusion programs by the Trump administration, is jettisoning ...
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. Shares Jump on Gains in Streaming Subscribers
Warner Bros. Discovery Inc., the parent of CNN and HBO, reported fourth-quarter sales that missed analysts’ estimates, ...
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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 ...
Mattel, Warner Bros. announce multiyear licensing deal for DC characters
Global Consumer Products announced a global, multiyear licensing agreement utilizing DC’s entire library of characters and ...
Warner Bros. and Sony Drop Rivalry and Join Forces Behind Las Vegas Studio
Warner Bros. and Sony have ended their competition for a Nevada studio, teaming up behind a new facility in the Las Vegas ...
Warner Bros. Movie Heads Are Burning Cash, and Their Boss Is Losing Patience
The group’s co-leaders keep handing tentpole budgets to original projects from critical darlings. Will any of them make money ...