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Warner Bros. Discovery reports fourth-quarter loss but adds 4.6 million subscribers amid challenges

  • Warner Bros. Discovery reported a fourth-quarter loss of $494 million, a 24% increase from the previous year's loss, due to $1.9 billion in charges and restructuring costs.
  • Despite challenges, Warner Bros. Discovery added 4.6 million subscribers to its streaming platforms, forecasting 150 million users for Max by 2026.
  • The company's revenue declined by 2% to $10 billion, affected by an 11% drop in ad sales and a significant decrease in U.S. Audiences.
  • Warner Bros. Discovery projected its streaming segment could generate approximately $1.3 billion in adjusted earnings by 2025, nearly doubling last year's earnings.
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Warner Bros. Discovery Reports Q4 29% Drop In Video Game Revenue Compared To Same Period Last Year, Admits "2024 Was A Disappointing Year For Our Games Business"

LeBron James (John Eric Bentley) is shocked by his loss in MultiVersus (2024), Warner Bros. Games. In yet another black eye resulting from their ongoing mismanagement of their video game operations, Warner Bros. Discovery has reported that compared to the same period the year prior, Q4 2024 saw their WB Games subsidiary suffer a staggering 29% loss in revenue. The Suicide Squad form an uneasy alliance with the surviving members of the Justice Le…

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It’s been a little over two weeks since The Trade Desk issued its first-ever earnings miss, during which time its stock price dropped by almost 40%. However, at its flagship NYC partner event on Thursday, executives there outlined their priorities for the year ahead.  Joined on stage by the likes of The New York Times, NBC Universal, Paramount, and Warner Bros.Discovery (among others), the narrative heralded “the rise of the premium internet,” i…

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Warner Bros. Discovery shares surge after company adds 6.4 million subscribers

Warner Bros. Discovery reported its latest earnings on Thursday....

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Warner Bros. Discovery reports fourth-quarter loss but adds 4.6 million subscribers amid challenges

Warner Bros. Discovery (WBD) reported a fourth-quarter loss, impacted by $1.9 billion in charges and restructuring costs, despite adding 4.6 million subscribers to its streaming platforms.  According to Variety, the company saw overall revenue drop 2% to $10 billion, with declines in distribution and a significant 11% drop in ad sales. WBD noted that the U.S. linear TV advertising market had worsened faster than anticipated, a trend that has aff…

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Warner is still talking about Hogwarts Legacy as it commits to basing its future games on 'tentpole franchises that have each generated over $1 billion'

2024 was a "disappointing year" for Warner's games business, but it has a plan for better times ahead.

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RetailWitRetailWit

Warner Bros. Discovery Takes Loss in Q4 2024, Expects Massive Growth of Streaming Segment – RetailWit

Warner Bros. Discovery will focus on increasing streaming subscribers over the next two years.

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Blue Water Healthy Living broke the news in Port Huron, United States on Thursday, February 27, 2025.
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