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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.
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.
Feb 22, 2021 · Full year 2020 cash provided by operating activities decreased to $2,739 million from $3,399 million in the prior year. Free cash flow decreased to $2,337 million from $3,110 million, primarily attributable to lower operating results due to the negative impact of COVID-19 on revenues and higher capital expenditures.
- 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 27, 2024. In 2023, The Warner Bros. Discovery company generated over 10 billion U.S. dollars from its Direct-to-Consumer (DTC) segment, representing growth of more than 39 percent...
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.
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Mar 11, 2022 · Discovery investors voted in approval of the company’s $43 billion acquisition of WarnerMedia from AT&T to create Warner Bros. Discovery during a special meeting of stockholders on Friday,...