Max added 7 million net subscribers, most of them international, and the company is on pace to "meaningfully exceed" $1 billion in DTC profits by next year.
Warner Bros. Discovery Looks To Be Sticking Around In The Streaming Profitability Club
Brian Welk, IndieWire
Thu, 11/07/2024 - 11:00am
Topics: dtc
BING NEWS:
- Warner Bros. Discovery says it will beef up ads on its Max streaming service
Impact Link You could soon see more ads on Warner Bros. Discovery's Max streaming service. WBD said Thursday it would step up ads in Max as it — along with other media players — looks to improve the ...
11/7/2024 - 6:40 am | View Link - Warner Bros. Discovery Looks to Be Sticking Around in the Streaming Profitability Club
Max added 7 million net subscribers, most of them international, and the company is on pace to "meaningfully exceed" $1 billion in DTC profits by next year.
11/7/2024 - 5:08 am | View Link - Warner Bros. Discovery earnings: Stock rises amid streaming strength as studios, linear TV pressure revenue
Warner Bros. Discovery (WBD) stock rose more than 15% in early trading on Thursday after the company reported strong streaming results in the third quarter that included its largest-ever quarterly ...
11/7/2024 - 4:48 am | View Link - 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.
11/7/2024 - 3:50 am | View Link - Warner Bros. Discovery Stock Surges as Max Streaming Growth Drives Unexpected Profit
Warner Bros. Discovery swung to its first quarterly profit in more than two years after it posted better-than-expected growth in streaming subscribers. Shares surged over 14% Thursday morning, on pace ...
11/7/2024 - 3:06 am | View Link - More
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