Revenue segments as reported by the company.

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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

Selling, general and administrative

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Impairment of goodwill and other intangible assets

Restructuring and other charges

Impairments and loss on dispositions

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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OpEx Y/Y

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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.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

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

Earnings data Q2 2021

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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Earnings data Q4 2024

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.

Paramount Global

As reports emerged about a potential tie-up of the media giants, the stocks of both firms fell. Why Wall Street is unimpressed.

A Paramount-WBD Merger Could Be Too Little, Too Late

A merger between entertainment giants Warner Bros. Discovery Inc. and Paramount Global could bring together TV networks like CBS and CNN, streaming services Max and Paramount+, and a wide swath of sports broadcasting.

A Warner Bros.-Paramount merger would create a streaming behemoth.

The purchase of Shari Redstone's stake in National Amusements and Paramount would make it easier for David Zaslav to start to absorb the media company.

Warner Bros. Discovery CEO Zaslav not ready to make deal for Paramount

The chief executives of Warner Bros. Discovery and Paramount Global reportedly recently got together to weigh the possibility of merging their media companies into one.

Paramount, Warner Bros Discovery discuss merger; would consolidate streaming services

Reports that Warner Bros. Discovery and Paramount Global entered talks to potentially merge the two into another entertainment goliath—which could consolidate a lot of exclusive sports content— could also let a combined company finally compete in the streaming wars.

What A Warner Bros./Paramount Merger Could Mean For Users

Investors seemed unimpressed but analysts say even talk of a merger reflects moves to consolidate in a tough market

‘A bellwether for the industry': why Warner-Paramount talk is no surprise

Warner Bros Discovery and Paramount Global are likely to be "worse off" together as a merger will leave them billions deeper in debt and saddled with dying traditional television assets, Wall Street analysts said on Thursday.

Warner Bros Discovery, Paramount will be 'worse off' together - analysts

In the current Hollywood rumor mill, one thing remains certain: Streaming consolidation will be a lot easier said than done.

Warner-Paramount Deal Would Test Appetite for Streaming Consolidation

Warner Bros. Discovery (WBD) and Paramount (PARA) are said to be in early talks about an entertainment mega-merger.

Warner Bros. Discovery, Paramount Reportedly in Merger Talks

Warner Bros Discovery Inc (NASDAQ:WBD) stock is sliding today, after news that the company met with fellow entertainment name Paramount (PARA) to discuss a potential deal.

Warner Bros Stock Slips Amid Merger Talks

Paramount Global (NASDAQ: PARA ) and Warner Bros. Discovery (NASDAQ: WBD ) are reportedly in talks to merge as streaming services continue to dominate the entertainment industry.

What Would a Paramount-Warner Bros. Merger Mean for PARA, WBD Stocks?

Micron Technology

Discovery

iShares MSCI China ETF

Here's our daily look at three charts connected to recent news-driven price moves, with key technical levels to monitor.

3 Charts For Investors to Watch Thursday: Warner Bros. Discovery, Micron, MCHI ETF

Warner Brothers Discovery shares slid more than 5 percent Wednesday after reports emerged that the media and entertainment giant is exploring a merger with rival Paramount Global.

Warner Brothers Discovery explores merger: report

Warner Bros Discovery Inc (NASDAQ:WBD). and Paramount Global (NASDAQ:PARA) are reportedly in talks to merge through a $38bn (£30bn) deal.

Warner Bros in talks with Paramount to create mega studio - reports

Warner Bros. Discovery chief David Zaslav is in deal talks with Paramount, Axios and others reported Tuesday.

Warner Bros. Discovery CEO David Zaslav is laying plans for another merger that would rock Hollywood, but a deal with Paramount won't solve either company's woes

Warner Bros. Discovery's merger talks with Paramount Global may bring NBCUniversal to the table.

Warner Bros. Discovery merger talks with Paramount Global may draw out NBCUniversal

Dec 20 (Reuters) - Warner Bros Discovery (WBD.O) CEO David Zaslav met with Paramount Global (PARA.O) CEO Bob Bakish to discuss a potential deal between the two companies, a source told Reuters on Wednesday.

Warner Bros Discovery, Paramount Global met to discuss potential deal - source

Debt-ridden media giant Paramount Global held merger talks with Warner Bros. Discovery, according to multiple reports Wednesday.

Warner Bros. Discovery reportedly eyes merger with Paramount Global

Paramount Global and Warner Bros. Discovery have entered talks to potentially merge, multiple outlets reported on Wednesday, as the two media behemoths look to compete with Netflix, Hulu, Amazon and Disney as the streaming wars continue to escalate.

Warner Bros. Discovery And Paramount In Merger Talks

The chief executives of Warner Bros. Discovery Inc. WBD, -5.66% and Paramount Global PARA, -2.02% met on Tuesday to talk about a potential merger, Axios reported on Wednesday, a move that would further consolidate an entertainment and streaming industry searching for stronger profitability.

Warner Bros. Discovery in talks to combine with Paramount Global, Axios reports

Warner Bros. Discovery and Paramount Global are in merger talks, sources told CNBC. Paramount's controlling shareholder, Shari Redstone, is reportedly eager for a deal partner. Under CEO David Zaslav, Warner Bros. Discovery has positioned itself to be a buyer.

Warner Bros. Discovery shares fall on report about Paramount merger talks

Warner Bros. Discovery (WBD) introduces an immersive Roblox experience, named Elf North Pole Workshop, on the completion of two decades of the Elf movie.

Warner Bros. Discovery (WBD) Unveils Elf North Pole Workshop

Comcast

Disney

It's human nature to be optimistic entering a new year, but it's hard not to view 2024 as a year of uncertainty for media and telecommunications companies.

Will 2024 bring good tidings to media and telecom companies? That's unlikely

Warner Bros. Discovery stock has had some tough price action but it also has valuable IP and a strong streaming asset in Max. The company has significant long-term debt but is making progress in improving that situation. WBD has had mixed success at the multiplex, with some surprise blockbusters and some underperforming films; over time, content slates will add value.

Warner Bros. Discovery: A Bullish Long-Term Picture

LOS ANGELES--(BUSINESS WIRE)--WARNER BROS. PICTURES, WATERTOWER MUSIC AND gamma. CELEBRATE TODAY'S ARRIVAL OF THE COLOR PURPLE (MUSIC FROM AND INSPIRED BY).

News for Warner Bros Discovery Inc Stock (WBD)