Warner Bros. Discovery Sees Streaming Subs Rocket To 110 Million As International Rollout Gathers Pace, But Q3 Revenues Dip With Box Office Down
Warner Bros Discovery added more than seven million net subscribers in Q3 2024 to reach 110.5 million, as its international Max rollout gathered pace.
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
Investors pushed Warner Bros. Discovery stock to its highest levels in nearly nine months, rallying behind progress on its Max streaming business and the possibility that a Donald Trump administration could grease the wheels for industry consolidation.
Streaming Gains for Warner Bros. Discovery
While overall revenues slipped by 4 percent in Q3, Warner Bros. Discovery emerged from the year-ago loss of $417 million to post a profit of $135 million.
Warner Bros. Discovery Looks to Be Sticking Around in the Streaming Profitability Club
Warner Bros. Discovery reached 110 million global streaming subscribers and $268 million in earnings in Q3, putting it on pace for sustained profits.
Warner Bros. Discovery, Inc. (WBD) Q3 2024 Earnings Call Transcript
Ladies and gentlemen, welcome to the Warner Bros. Discovery Third Quarter 2024 Earnings Conference Call. At this time, all participant are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session.
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.
Q3 2024 Warner Bros Discovery Inc Earnings Call
Ladies and gentlemen, welcome to the Warner Bros. Discovery's third-quarter 2024 earnings conference call. (Operator Instructions) Additionally, please be advised that today's conference call is being ...
TV Technology10h
Warner Bros. Discovery Hits 110.5 Million Global Streaming Subs
7.2 million sub adds in Q3 were the most since the launch of Max Overall, global direct-to-consumer subscribers hit 110.5 ...
Business Insider13h
Warner Bros: Strong DTC Growth and Strategic Focus Drive Buy Rating Despite Studio Challenges
Doug Creutz’s rating is based on Warner Bros’ financial performance and strategic direction, particularly in the Direct-to-Consumer (DTC) segment. The company’s Q3 results showed a slight ...
Yahoo Finance16h
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 ...
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 ...