Key Points
(Reuters) Warner Bros Discovery CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening the door to industry consolidation, he said on Thursday...
Warner Bros Discovery and its peers are navigating through what Zaslav described as a generational disruption, confronting an erosion of its lucrative television business as millions of consumers migrate to streaming video services...
Earlier on Thursday, Warner Bros Discovery reported a surprise quarterly profit, helped by cost controls and an Olympics-driven record jump in streaming subscribers that made up for a lack of major box-office hits from its studio...
Warner Bros Discoverys streaming business, home to the Max and Discovery+ services, added 7.2 million direct-to-consumer subscribers in the third quarter, beating estimates for 6.28 million additions, according to data compiled by Visible Alpha...
Max delivered its strongest quarterly subscriber gain since the platforms launch, Zaslav said, calling it a meaningful moment that had capped two years of building the service and reversing millions of dollars in losses...
You might be interested in
Warner Bros Discovery unveils revamped ‘Max’ in push for streaming growth
13, Apr, 23Warner Bros Discovery Inc on Wednesday said it will launch on May 23 its long-awaited new streaming service, christened "Max", combining HBO Max's scripted entertainment with Discovery's reality shows.
Warner Bros Discovery posts surprise profit as Olympics boost streaming
10, Nov, 24(Reuters) - Warner Bros Discovery posted a surprise third-quarter profit on Thursday as the Paris Olympics powered streaming subscriber growth and cable revenue, making up for a lack of major box
Warner Bros Discovery misses estimates for quarterly revenue
10, May, 24(Reuters) -Warner Bros Discovery reported a larger-than-expected quarterly loss, as advertising sales slumped at its cable TV unit and the studio segment struggled with the twin effects of last year's
Warner Bros Discovery to tap popular movie franchises, posts loss
25, Feb, 23By Dawn Chmielewski (Reuters) -Warner Bros Discovery Inc is borrowing a page from the Walt Disney Co playbook, saying it will lean into its popular entertainment franchises - including Superman,
Warner Bros Discovery sees deal-making under Trump
10, Nov, 24By Dawn Chmielewski and Harshita Mary Varghese (Reuters) -Warner Bros Discovery CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening