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 ...
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 ...
Max is pulling CNN and sports from some US subscribers starting on March 30
In a statement accompanying the announcement, JB Perrette, CEO and president of global streaming and games at WBD, said the decision to change access to CNN Max and B/R Sports, which includes MLB, NBA ...
Warner Bros Q4 Earnings: Studios Revenues Grow 16%, Max Subscribers Surge, Eyes 150 Million Subscribers By 2026
Warner Bros. Discovery, Inc (NASDAQ: WBD) reported a fiscal fourth-quarter revenue decline of 1% ex-FX year-on-year to $10.03 ...
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. 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 ...
Warner Bros. Discovery expects direct-to-consumer EBITDA to double in 2025
Says has clear, demonstrable path to 150M global subscribers by 2026. Says expects DTC EBITDA to double in 2025. Says headwinds facing linear ...
Max cancels sports upcharge, but there's bad news for basic plan subscribers
Discovery will not launch a premium sports add-on tier for its B/R content on Max. B/R Sports content will remain available ...
Max and Tubi Executives Outline U.K. Strategies at MIP London
Top executives spoke during the Global Streaming Strategies Summit at MIP London, presented by "media universe cartographer" ...