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These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Discovery as of the date hereof.
Warner Bros Discovery revenue for the twelve months ending June 30, 2024 was $39.934B, a 4.67% decline year-over-year. Warner Bros Discovery annual revenue for 2023 was $41.321B, a 22.19% increase from 2022. Warner Bros Discovery annual revenue for 2022 was $33.817B, a 177.39% increase from 2021.
May 15, 2024 · In 2020, media giant WarnerMedia generated a total revenue of 30.4 billion U.S. dollars, down from 33.5 billion in the previous year.
Nov 18, 2021 · In the filing, Discovery shared internal WarnerMedia projections that revenue at its businesses would rise from $28.2 billion in 2020 to $45 billion in 2025.
- Warner Bros. Discovery’s Financials
- Warner Bros. Discovery’s Business Segments
- Warner Bros. Discovery's Recent Developments
Warner Bros. Discovery announced in late Aug. 2023 its financial results for the second quarter (Q2) of its 2023 fiscal year(FY), the three-month period that ended on June 30, 2023. The company reported a net loss of $1.2 billion for Q2 2023, which was an improvement when compared to the $3.4 billion loss in Q2 2022. This was a 63.7% reduction in l...
The company has four reportable segments: Studios, Networks, Direct-to-Consumer, Corporate, and Inter-Segment Eliminations. Each of these segments reports revenue by the following categories: Distributions, Advertising, Content, and Other.
In Sept. 2023, the company announced plans to expand its Warner Bros. Studios Leavesden, which is a film and television studio in the U.K. The expansion will include 10 new sound stages and an additional 400,000 square feet of production and support space, which will increase the studio's capacity by 50%. This studio serves as an important hub for ...
Feb 22, 2021 · Cash provided by operating activities was $553 million and free cash flow (4) was $441 million. Repurchased 10.9 million Series C common shares for $213 million at an average price of $19.50 per share. Full Year 2020 Financial Highlights. Total revenues of $10,671 million decreased 4%, both reported and ex-FX.
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Warner Bros. Discovery Global Tax Strategy Statement. This global strategy applies to the Warner Bros. Discovery Group (WBD) including all UK entities in the group headed by Warner Bros. Discovery Inc. (hereafter referred to collectively as “UK WBD”).