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  1. Oct 24, 2023 · Key Takeaways. Warner Bros. Discovery provides global media content across a range of distribution platforms, including film, television, and streaming. The company's formation dates back to...

  2. Feb 26, 2024 · Warner Bros. Discovery’s streaming service Max turned a profit across the full year – something which most of its competitors (bar Netflix) are yet to do. And the turnaround has been speedy with the $100 million profit made last year marking a $2.2 billion improvement from the year before on a pro forma basis.

  3. Apr 8, 2024 · Warner Bros. Discovery’s “Direct-to-Consumer,” or DTC, unit, for example, consists of its streaming and premium pay-TV services, meaning HBO is part of it. Meanwhile, the Walt Disney Co.’s...

  4. Apr 12, 2022 · In May 2021, after four tumultuous years, WarnerMedia’s holding company AT&T struck a deal with Discovery to create a new media entity and then relinquish control of the business it paid $85bn...

  5. May 22, 2024 · Warner Bros. Discovery emerged in April 2022 from the merger of Discovery Inc. and WarnerMedia, with activities ranging from movie, television, to comic books and cable. In 2023, the studio...

  6. May 5, 2023 · However, for the first quarter, Warner Bros. Discovery on Friday reported negative free cash flow of $930 million due to interest and sports rights payments.

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  8. Aug 4, 2022 · Warner Bros. Discovery reveals plans for free streaming service. The company also said it would launch, next summer, a combined paid service that would reach 130 million subscribers by 2025.

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