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...
Zaslavs optimism about the new administration comes as the studio reported a surprise quarterly profit on Thursday as cost controls and an Olympics-driven record jump in streaming subscribers helped make up for a lack of major box office hits from its studio...
Warner Bros Discoverys (WBD) 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...
With releases such as Beetlejuice Beetlejuice in the July-September quarter, WBDs studio division has struggled to repeat last years success of Barbie, the highest grossing film of 2023...
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