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 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
Now Streaming: Warner Bros. Discovery reports 6% boost in Q4 DTC revenue
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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 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 the diversity and equity parts of its DEI initiatives. Going forward, WBD’s “overarching work in this space will now be referred to as Inclusion,
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: Only DTC Matters To Mr. Market
Warner Bros. Discovery's potential extends beyond its DTC business, with multiple avenues for future growth and profitability. See why WBD stock is a Buy.
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 ...
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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. 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 ...
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 ...
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. Discovery Touts “Disciplined” Post-NBA Sports Strategy, Says It Is “Responding Tenaciously And Creatively” To Pay-TV Declines
Warner Bros. Discovery touted its "disciplined" sports strategy, saying it is responding "tenaciously and creatively" to ...
Warner Bros. Discovery Stock Rises as Upbeat Outlook Outweighs Soft Results
Warner Bros. Discovery (WBD) reported weaker-than-expected fourth-quarter results, but shares rose in premarket trading ...