Tag: Warner Bros Discovery

Warner Bros. Discovery fell short of expectations when releasing its fourth-quarter earnings on Friday. The company reported a revenue of $10.28 billion, missing the $10.35 billion estimate according to LSEG data. Advertising revenue for the three months ended December 31 sunk by 12% to...

Warner Bros. Discovery released its third-quarter earnings on Wednesday, beating Wall Street estimates despite battling with a sluggish advertising market and two Hollywood strikes. The company, which is a merger WarnerMedia and Discovery, reported a Q3 revenue of $9.98 billion. Free cash flow for the...

Warner Bros. Discovery revealed new key details about its upcoming streaming launch during a press event held on Wednesday. The media officially announced that the new streaming platform would be known as "Max", with its tagline being, "Max — the one to watch." Max will...

Warner Bros Discovery Inc. will merge its HBO Max and Discovery+ streaming services into a single streaming platform. The decision was confirmed by chief executive David Zaslav on Thursday during the quarterly earnings call. According to the company's top streaming executive Jean-Briac Perrette, the multimedia...