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Warner Bros. Discovery grows streaming, but TV ad declines drag earnings

Article by Jeremy Goldman  |  Feb 27, 2025
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Warner Bros. Discovery grows streaming, but TV ad declines drag earnings
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Digital Video
Movies
TV
United States

The news: Warner Bros. Discovery (WBD) ended Q4 2024 with strong streaming growth, a major sports pricing shift, and ongoing declines in traditional TV, Thursday’s earnings show.

  • The company added 6.4 million streaming subscribers, increased direct-to-consumer (DTC) profits, and posted a deeper $494 million net loss.
  • Studio revenues grew 15% as WBD restructured to address linear TV challenges.

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