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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Warner Bros Discovery Inc

Warner Bros. Discovery, Inc. operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. The company is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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Warner Bros Discovery reports robust Q4 performance and streaming focus

Warner Bros Discovery's Q4 performance highlights strong financials, strategic focus on IP, and progress in streaming profitability.
The company faces challenges in ad sales and market dynamics but sees opportunities in content integration, community engagement, and market upswing.
Prioritizing quality content, cost savings, and achieving profitability targets are key strengths driving Warner Bros Discovery's strategy.
Balancing financial performance, content excellence, and market positioning will be crucial for Warner Bros Discovery's growth and success.

Warner Bros Discovery Inc reports strong Q1 EBITDA growth and DTC focus

Warner Bros Discovery Inc navigated Q1 challenges with strong EBITDA growth and a focus on DTC business, aiming for profitability this year. The company's strategic initiatives in content expansion, international markets, and reducing churn for HBO Max position it well for future growth and profitability.

Warner Bros Discovery excels in Q2, eyes global expansion

Warner Bros Discovery's Q2 performance showcased strong free cash flow, debt reduction, and strategic focus on Direct-to-Consumer and gaming for growth.
The company's strengths lie in content creation, advertising opportunities, and leveraging IPs, while facing challenges in linear business and industry disruptions.
Opportunities include multiple growth levers for 2024, international expansion, and maximizing advertising and content potential, with a clear focus on profitability.
Overall, Warner Bros Discovery is navigating challenges with resilience, focusing on strategic growth areas, and positioning itself for future success in the evolving media landscape.

Warner Bros Discovery exceeds $2B in free cash flow, eyes growth

Warner Bros Discovery Inc's Q3 earnings call highlighted strong financial performance, strategic focus on key IP, and growth opportunities in streaming, gaming, and sports. The company is prioritizing debt reduction, sustainable growth, and maximizing the value of its content to drive future success.

Warner Bros Discovery Inc (WBD) reports strong Q4 performance and eyes global growth opportunities

Warner Bros Discovery Inc (WBD) delivered a strong performance in Q4 2023, showcasing financial achievements, successful franchise revivals, and global expansion efforts. While facing challenges in its Studios and Networks segments, the company is leveraging its strengths in streaming profitability, post-merger integration, and content diversity. With a focus on profitability, growth initiatives, and strategic partnerships, Warner Bros Discovery is poised for future success.

Warner Bros Discovery (WBD) excels in Q1 2024, eyes digital ad growth

Warner Bros Discovery (WBD) showcased robust performance in Q1 2024, capitalizing on key strengths in subscriber growth and content monetization. Despite challenges in studio results and certain markets, the company is strategically positioned to seize opportunities in digital advertising and global content distribution. Ongoing efforts towards operational efficiency and consumer-centric strategies underpin its growth trajectory.

Warner Bros Discovery sees strong subscriber growth and global expansion

Warner Bros Discovery's Q2 earnings call highlighted impressive subscriber growth, content production, and global expansion efforts. The company's strategic focus on direct-to-consumer initiatives, partnerships, and engaging content positions it well for sustained growth. While facing challenges in debt reduction and competitive pressures, Warner Bros Discovery remains optimistic about its ability to drive profitability and expand its market presence.

Warner Bros Discovery reports strong Q3 performance amidst business challenges

Warner Bros Discovery Inc showcased strong performance in its direct-to-consumer segment, while facing challenges in the Networks and Studios businesses. The company's focus on enhancing shareholder value and stabilizing linear TV operations are key strengths. Opportunities lie in driving growth in the direct-to-consumer segment and optimizing operations in the linear networks business.

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Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

HBO Max and Discovery+ are to be merged as Warner Bros Discovery Inc (NASDAQ:WBD) announced a new strategy taking aim at streaming market rivals and Marvel franchises. In an effort to emulate the success of rival Brand Marvel (TSX-V:BMW), Warner Bros executives are reportedly reshaping the DC superhero franchises, which include Wonder Woman, Superman, and Aquaman, and developing a 10-year plan.

Warner Bros Discovery pushes reset button in a bid to catch Marvel

Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Q2 2022 Earnings Conference Call August 4, 2022 4:30 PM ET Company Participants Andrew Slabin - Executive Vice President, Global Investor Strategy David Zaslav - President and Chief Executive Officer Gunnar Wiedenfels - Chief Financial Officer Jean-Briac Perrette - Chief Executive Officer and President, Global Streaming and Games Conference Call Participants Bryan Kraft - Deutsche Bank Jessica Reif Ehrlich - Bank of America Securities Doug Mitchelson - Credit Suisse Ben Swinburne - Morgan Stanley Robert Fishman - MoffettNathanson Michael Morris - Guggenheim John Hodulik - UBS Jason Bazinet - Citi Group Doug Creutz - Cowen & Co Operator Good afternoon ladies and gentlemen.

Warner Bros. Discovery, Inc. (WBD) CEO David Zaslav on Q2 2022 Results - Earnings Call Transcript

Unlike WarnerMedia's last CEO, new chief David Zaslav is embracing movie theaters and traditional cable TV instead of taking a streaming-first attitude.

Warner Bros. Discovery CEO David Zaslav embraces the past as he plans his company's future

Warner Bros. Discovery revealed its second-quarter results — its first quarterly earnings since the $43 billion merger.

HBO, HBO Max and Discovery+ report a combined total of 92.1M subscribers, plans for major restructuring

Revenue and earnings missed estimates, while streaming subscriber growth on HBO Max and Discovery slowed. Merger-related costs added up.

Warner Bros. Discovery's First Quarter as Combined Company Was Ugly

The new streaming service will launch in the U.S. in 2023.

HBO Max And Discovery+ Will Combine Into One Streaming Service

WarnerBros. Discovery posted weaker-than-expected second quarter earnings Thursday amid a firestorm of speculation about a restructuring at the company that would cull costs.

WarnerBros. Discovery misses on Q2 earnings amid restructuring speculation

Warner Bros. Discovery expects to launch its combined HBO Max/Discovery+ streaming service in the U.S. next summer. JB Perrette, CEO and President, Global Streaming and Interactive, WBD, revealed the news on the company's earnings call. “Our primary focus for the rollout will be in the markets where HBO Max has already launched,” he said.

Warner Bros. Discovery: HBO Max & Discovery+ Combined Streamer To Launch In U.S. In Summer 2023

Warner Bros. Discovery Inc said on Thursday it would merge the HBO Max streaming service with Discovery+ as a single offering, combining WarnerMedia's dramas, comedies and movies with Discovery's reality shows.

Warner Bros. Discovery to combine HBO Max, Discovery+

In its first earnings report since bringing in HBO Max and other WarnerMedia properties, Warner Bros. Discovery Inc. on Thursday missed revenue expectations by roughly $2 billion and reported a large loss due to charges related to the combination, sending its stock south.

Warner Bros. Discovery stock slammed after earnings debut

Newly minted Warner Bros. Discovery posted hefty losses and $9.8 billion in revenue at its landmark first earnings report since Warner Media and Discovery formally tied the knot. That April 8 deal marks a major shift in the media landscape with the combined company publicly starting to take shape today.

Warner Bros. Discovery Posts DTC Subscribers Of 92M In First Quarterly Report Since Merger; $2B Net Loss Includes Hefty Restructuring Charge

AT&T

NEW YORK & DALLAS--(BUSINESS WIRE)--AT&T and Warner Bros. Discovery today announced an agreement that will allow AT&T to continue to offer internet and mobility customers access to HBO Max's portfolio of original programming and series. “HBO Max is a great product that is popular with our customers, and we like the fact that we're viewed as being the place to come to get it,” said Jenifer Robertson, EVP & General Manager - Mass Markets, AT&T Inc. “This adjusted agreement represe

AT&T and Warner Bros. Discovery Announce Distribution Agreement for HBO Max

Warner Bros. Discovery Inc reported a 1% fall in pro forma quarterly revenue on Thursday, hit by weakening ad spending as the newly merged company reconfigures overlapping businesses from WarnerMedia and Discovery.

Warner Bros. Discovery quarterly revenue slips

NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today reported financial results for the quarter ended June 30, 2022.

WARNER BROS. DISCOVERY REPORTS SECOND-QUARTER 2022 RESULTS

Some Discovery+ content—like shows by Chip and Joanna Gaines—will be available on HBO Max, and CNN originals will be available on Discovery+.

Discovery+ And HBO Max Swap Content As Warner Bros. Discovery Reportedly Plans To Restructure

Investors got a big hint into Warner Bros. Discovery's strategy earlier this week when it announced it would shelve its straight-to-streaming DC film "Batgirl.

Investors are looking to Warner Bros Discovery for a streaming strategy — it already gave us a big hint

CEO David Zaslav is building Warner Bros. Discovery into a media powerhouse, with plans for one streaming platform to encompass Discovery+, HBO Max, and more.

How Warner Bros. Discovery can compete with Netflix and Disney as the streaming wars evolve

WBD shares have risen sharply in recent weeks, which leaves investors with some difficult decisions regarding their positions ahead of tonight's quarterly results. Management should focus most of their comments on the first steps of cost cutting, how they have improved cash flow and debt reduction on the conference call tonight.

Warner Brothers Discovery: 3 Ways To Trade The Stock Ahead Of Earnings

Warner Bros Discovery Inc is expected to discuss the new streaming strategy for the merged company on Thursday when it reports second-quarter earnings, four sources familiar with the plans told Reuters.

Warner Bros Discovery expected to unveil new streaming strategy

Media entertainment company Warner Brothers Discovery (NYSE: WBD) stock has languished since its spin-off as it fell to new all-time lows at $12.77.

Warner Brothers Discovery is a Powerhouse Entertainment Play

Warner Brothers Discovery CEO David Zaslav is planning a massive restructuring plan following the completion of a $43 billion Warner Media-Discovery merger.

Warner Bros. Discovery planning major restructuring months after merger

AMC Entertainment

Virgin Galactic

Block

The three major U.S. equity indexes closed lower Tuesday. The Dow Jones industrials dropped 1.23%, the S&P 500 slipped by 0.67%, and the Nasdaq dipped by 0.16%.

Earnings Previews: AES, AMC, Block, Virgin Galactic, Warner Bros Discovery

Second-quarter earnings for the entertainment company are much anticipated.

Why Warner Bros. Discovery Stock Spiked Higher Today

Warner Bros. Discovery's lagging stock price should have been an expected possibility. The long-term growth and benefit story of Warner Bros. Discovery remains intact.

Warner Bros. Discovery: News And DC Universe As A Solution

The company gets some encouraging news on the feature-film front.

News for Warner Bros Discovery Inc Stock (WBD)