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Warner Bros Discovery Q2 FY2025 Earnings Call Transcript - Warner Bros. Discovery (NASDAQ:WBD)

Warner Bros. Discovery, led by CEO David Zaslav, reported a strong second quarter in 2025 with nearly $9.8 billion in revenue and a net income of $1.58 billion.
This performance reflects initiatives following the 2022 combination of Warner Bros. and Discovery, including a strategic approach to revitalize the studios and expand HBO Max’s global presence.
The studios segment excelled with a 60% revenue increase to $3.8 billion and adjusted EBITDA rising from $210 million to $863 million, supported by hits like A Minecraft Movie and Superman.
The streaming segment expanded its paid subscriber base by 3.4 million, bringing the total to 125.7 million, and reported $2.8 billion in revenue with a profit of $293 million, while the studio's theatrical releases collectively earned $2 billion at the worldwide box office.
WBD plans to split next year into two independent companies—Warner Bros. with studios and streaming, and Discovery Global with TV networks—aiming to improve focus amid declines in traditional TV.

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23 Articles

U.S. News

Lean Left

Warner Bros Discovery Beats Second-Quarter Revenue Estimates

8 days ago·New York, United States

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The Detroit News

Center

Film hits help Warner Bros. swing to profit as company restructures

Warner Bros. Discovery Inc., the parent of HBO and CNN, swung to a profit in the second quarter, buoyed by a string of successes at the box office.

8 days ago·Detroit, United States

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CNBC

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RocketNews

Center

Warner Bros. Discovery film studios lift second-quarter results

Warner Bros. Motion Pictures releases "A Minecraft Movie," "Sinners," "Final Destination: Bloodlines," and "F1," together generated over $2 billion so far.

8 days ago·United States

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The Desk

Center

WBD studio, streaming units help company earn $9.81 billion during Q2

The Warner Bros Studios logo is seen on a building along Hollywood Blvd. in Los Angeles, California on May 28, 2007. (Photo: Flickr user abgpt) Warner Bros Discovery (WBD) saw its overall revenue increase to nearly $10 billion during the second quarter (Q2) of the year, bolstered by gains in its streaming business, several hit theatrical release and ongoing discipline in the company’s spending, the company revealed on Thursday. Overall revenue a…

8 days ago

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The Hollywood Reporter

Lean Left

Warner Bros. Discovery Adds 3.4 Million Streaming Subscribers, But ‘Minecraft’ and ‘Sinners’ Power Earnings

Warner Bros. Discovery Q2 earnings in line with estimates ahead of split in two.

8 days ago·Los Angeles, United States

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CP24

Center

Warner Bros Discovery beats second-quarter revenue estimates

Warner Bros Discovery topped Wall Street estimates for quarterly revenue on Thursday, boosted by international expansion of HBO Max and blockbuster releases including U.S. top grosser “A Minecraft Movie.”

8 days ago·Toronto, Canada

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