Warner Bros. Discovery’s streaming business lost subscribers — and money — in the second quarter of 2023. The company shed 1.8 million streaming subs from April to June, which was the quarter when HBO Max and Discovery+ came together to form Max. The loss was not unexpected, and the company now has 95.8 million total streaming subscribers.
Similar Stories to Warner Bros. Discovery Lost 1.8 Million Streaming Subs In Max Launch Quarter on Bing News
Tony Maglio, IndieWire
Thu, 08/03/2023 - 4:15am
Topics: hbo max max the march president ceo david zaslav et though barbie wbd s pink wall street s in q1 warnermedia at&t inc the q3 q4 the max succession barry s the idol ben affleck matt damon s air amazon prime video evil dead rise bros april june discovery the the warner ebitda q1 zaslav barbie q2 flash quarter max launch million streaming subs billion company loss revenue business subscribers share merger cents total debt turned results profit
BING NEWS:
- Warner Bros. Discovery's Streaming Revenue Comes Largely From Max as Cable Assets Remain Key to DTC Strategy | Charts
Warner Bros. Discovery (WBD) reported earnings last week with largely positive news for its direct-to-consumer (DTC) streaming business. In Q3 2024, the company saw its largest quarter-on-quarter ...
11/25/2024 - 10:04 am | View Link - Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer's largest single-quarter jump
Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for the streaming platform since its ...
11/7/2024 - 8:05 am | View Link - Warner Bros. Discovery Grows DTC Profit to $289M, Streaming Subs to 110.5M, Led by Olympics
Zaslav also addressed the studio’s collection of linear cable TV brands like TNT, TBS, HLN that face headwinds from cord-cutting and an industrywide march toward streaming. He pointed to a recent ...
11/7/2024 - 7:56 am | View Link - Warner Bros. Discovery Adds 7 Million Streaming Subs in Q3 to Hit 110 Million as Box Office Dives 40% in ‘Barbie’-Less Summer
Warner Bros. Discovery reported its third-quarter 2024 earnings results Thursday. The July 1-Sept. 30 period concluded with WBD’s HBO , Max and Discovery+ boasting more than 110 million global ...
11/6/2024 - 10:07 pm | View Link - More
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