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Warner Bros Discovery Newsroom
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Warner Bros. Discovery Channel Q3 revenue decreased by 4% year-on-year, with an additional 7.2 million streaming subscribers.
On November 7th, Warner Bros. Discovery Channel announced its third-quarter performance, with revenue of $9.62 billion, a 4% year-on-year decrease, lower than the market's expected $9.81 billion; earnings per share were $0.05, better than market expectations. Revenue from the direct-to-consumer sector, including streaming services, increased by 8% year-on-year to $2.6 billion. Revenue from the traditional network sector increased by 3% to $5.01 billion. Thanks to its international expansion strategy, the company added 7.2 million streaming subscribers during the period, the strongest quarterly growth since the platform was launched, while analysts had expected an addition of 6.1 million.
Express News | Warner Bros Discovery Says It Has 'a Fair Amount of Room' to Increase Pricing on Max Streaming Service
Express News | Warner Bros Discovery CEO Zaslav Says Indsutry Needs to 'meaningfully Consolidate'
International expansion effectiveness showing Warner Bros. Discovery Channel (WBD.US) Q3 user growth surpassing expectations.
Warner Bros. Discovery Channel (WBD.US) announced its third quarter performance on Thursday.
Express News | Warner Bros Discovery CFO Says Ad-Supported Max Streaming Service to Expand to 45 Markets
Express News | Warner Bros CEO Says Television Studio on Track for Most Profitable Year in Scripted Content in Last Five Years
Express News | Warner Bros Discovery Says to Launch Max in Australia Next Year
Express News | Warner Bros Discovery Says Will Launch Max Streaming Service in Seven Markets in Southeast Asia-- Conf Call
Warner Bros. in Charts: DTC Subscribers Rise 15% Y/Y in Q3, With 33.7% Growth Internationally
Warner Bros. Discovery Adds 7.2 Million Max Subscribers, the Streamer's Largest Single-quarter Jump
Warner Bros. Discovery Swings to 3Q Profit on Strong Streaming Growth
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Express News | Warner Bros Discovery Shares Down 0.9% Premarket After Q3 Results
Warner Bros Discovery Misses Revenue Estimates on Weakness in Studio Unit
Warner Bros. Discovery GAAP EPS of $0.05 Beats by $0.12, Revenue of $9.62B Misses by $170M
Express News | Warner Bros Discovery Inc - Global Dtc Subscribers Were 110.5 Million at the End of Q3
Warner Bros Discovery 3Q Rev $9.62B >WBD
WARNER BROS. DISCOVERY REPORTS THIRD-QUARTER 2024 RESULTS
Warner Bros. Discovery Q3 2024 Earnings Preview