WBD chief executive David Zaslav said an internal reorganization into two operating divisions, Global Linear Networks and Studios & Streaming, means “we can move quickly if we decide to change and make a determination on restructuring.” Comcast is doing just that, far along in splitting off its linear cable networks from the rest of NBCUniversal and into a standalone public company called Versant. WBD announced a similar division but just internally and for financial reporting purposes that started with Q1 ...

Warner Bros Discovery is moving towards a potential breakup, CNBC reported Thursday, as media companies explore options for their struggling cable TV businesses and sharpen focus on their faster-growing streaming and studios divisions.The company’s shares surged more than 4% on the news, rebounding from earlier losses of nearly 6% triggered by a dour quarterly report. Warner Bros Discovery missed first-quarter revenue estimates and posted a larger-than-expected loss earlier in the day due to a sluggish box ...

Warner Bros. Discovery (WBD) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Company Participants Andrew Slabin - EVP, Global Investor StrategyDavid Zaslav - President, CEO & DirectorGunnar Wiedenfels - Chief Financial OfficerJB Perrette - CEO & President - Global Streaming and GamesJessica Reif Ehrlich - Managing DirectorRic Prentiss - Managing Director Conference Call Participants Steven Cahall - Managing Director, Senior Analyst - Media, Advertising & CablePeter Supino - MD & Senior Analyst - Media & Ente ...

Warner Bros. Discovery (WBD) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Ladies and gentlemen, welcome to the Warner Bros. Discovery First Quarter twenty twenty five Earnings Conference Call. At this time, all participants' lines are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Additionally, please be advised that today's conference call is being recorded. I would now like to hand the conference over to Mr. Andrew Slavin, Executive Vice Pr ...

Warner Bros. Discovery (WBD) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this operator of cable TV channels such as TLC and Animal Planet would post earnings of $0.04 per share when it actually produced a loss of $0.20, delivering a surprise of -6 ...

Warner Bros. Discovery had a mixed first quarter with beats on streaming subs and profit, and an anticipated drop in revenue from the film studio, which has turned around in Q2. Global linear advertising sales dipped 11% with ongoing domestic audience declines offset in part by better trends in sports and international. The company ended March with 122.3 million global streaming subscribers, an increase of 5.3 million globally vs Q4 as it rolls out into new markets. Streaming posted a of $339 million. HB ...

Warner Bros. Discovery Reports First-Quarter 2025 Results | | | | | Three Months Ended March 31, | | | | --- | --- | --- | --- | --- | --- | --- | | | | 2025 | | 2024 | % Change | | | $ in millions | | | | | Reported | Ex-FX(") | | Distribution | $ | 4,886 | S | 4,985 | (2)% | (1)% | | Advertising | | 1,980 | | 2,148 | (8)% | (8)% | | Content | | 1,866 | | 2,558 | (27)% | (25)% | | Other | | 247 | | 267 | (7)% | (6)% | | Total revenues | A | 8,979 | S | 9,958 | (10)% | (9)% | | Net income (loss) available t ...

NEW YORK, May 8, 2025 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today reported financial results for the quarter ended March 31, 2025. Please visit the "Investor Relations" section of the Company's website at https://ir.wbd.com/ to view the earnings materials.The Company will conduct a conference call today at 8:30 a.m. ET to discuss the results. A link to the live webcast of the conference call will be available in the "Investor Relations" section of the Company's website a ...

Analysts on Wall Street project that Warner Bros. Discovery (WBD) will announce quarterly loss of $0.14 per share in its forthcoming report, representing an increase of 65% year over year. Revenues are projected to reach $9.75 billion, declining 2.1% from the same quarter last year.The current level reflects an upward revision of 2.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projecti ...

Warner Bros. Discovery (NASDAQ: WBD ) will go through a transformation period over the next couple of years. The company is seeing a decline in its linear TV business, and it is trying to shift towards a more digital business model. TheMitko Atanasov holds an MA in Finance and has served as an equity analyst for one of the UK's largest asset management firms. His Personal stock market experience began in 2010 as a long-term investor. Since then, he has capitalized on opportunities for short- to medium-term ...