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- A more normal business environment -- after a period of strong pandemic-related disruption -- enabled AT&T's WarnerMedia business to spike up 15% to $9.9 billion in the fourth-quarter 2021 vs. the previous year's period. In particular, TV content sales were up 45% to $4.4 billion. WarnerMedia also benefited from improved theatrical revenue.
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Q4 2022 Highlights. Studios revenues were $3,842 million. Revenues decreased 23% ex-FX compared to the prior year quarter, on a pro forma combined basis. Content revenue decreased 24% ex-FX, primarily driven by lower TV licensing, and to a lesser extent, lower games and home entertainment revenues.
May 30, 2024 · In the first quarter of 2022, WarnerMedia reported an operating income of around 1.3 billion U.S. dollars, down from nearly 1.6 billion U.S. dollars in the fourth quarter of 2021 and...
Jan 26, 2022 · AT&T topped Wall Street estimates for the fourth quarter of 2021, with WarnerMedia revenue gains driving top-line results — helped by strong growth of HBO Max — although the division’s...
Warner Bros. Discovery, Inc. (the “Company”) (Nasdaq: WBD) today reported financial results for the quarter and year ended December 31, 2022. The Company will conduct a conference call today at 4:30 p.m. ET to discuss the results.
Reconciliations between the non-GAAP financial measures and the closest GAAP financial measures are available in the financial schedules in this release and in the "Quarterly Results" section of the Warner Bros. Discovery, Inc. investor relations website at: https://ir.wbd.com.
Jan 26, 2022 · WarnerMedia drew $9.9 billion in fourth-quarter revenue, an increase of 15.4% from the comparable quarter in 2020. Much of that was HBO Max-subscription driven.
Jan 26, 2022 · Telecom giant AT&T on Wednesday reported its fourth-quarter financials, with entertainment unit WarnerMedia posting higher revenue, but lower earnings on increased costs, including for...
