Warner Bros. Discovery Max Gains 7.2M Subscribers in Q3

Nov 8, 2024 · Streaming Wars: Warner Bros. Discovery’s Massive Max Subscriber Surge! Warner Bros. Discovery's streaming platform, Max, recently reported a massive quarterly surge, …

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Max Subscribers Rise To 110 Million, Warner Bros Box Office Falls

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Nov 7, 2024 · Warner Bros. Discovery’s networks division increased revenue 3% compared to Q3 2023 to $5 billion. Content revenue was up 87% as ad sales fell 11% and distribution dipped 7%.

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FAQs about Warner Bros. Discovery Max Gains 7.2M Subscribers in Q3 Coupon?

How many subscribers does Max have?

Max now has 110.5 million subscribers as of Sept. 30. Max now has 110.5 million subscribers as of Sept. 30. Jakub Porzycki / NurPhoto via Getty Images file Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. ...

How many subscribers does the verge Max have?

Max added 7.2 million subscribers following its rollout in more countries. - The Verge Max added 7.2 million subscribers following its rollout in more countries. The service now has 110.5 million subscribers, marking “the strongest quarterly gain since the platform’s launch,” according to Warner Bros. Discovery’s Q3 earnings release. ...

How much money did Warner Bros Discovery make in 2024?

As of September 30, 2024, WBD generated $0.8 billion in operating cash flow and held $3.5 billion in cash and equivalents. Warner Bros. Discovery’s rapid international growth and sustained investment in diverse, high-quality content fueled momentum in its global Direct-to-Consumer segment this quarter, CEO David Zaslav noted. ...

How did Warner Bros Discovery perform in Q3 2023?

Warner Bros. Discovery’s networks division increased revenue 3% compared to Q3 2023 to $5 billion. Content revenue was up 87% as ad sales fell 11% and distribution dipped 7%. Wall Street forecast a loss of earnings per share (EPS) of 9 cents on $9.8 billion in revenue, according to analyst consensus data provided by LSEG. ...

How did Warner Bros Discovery perform compared to last year?

Warner Bros. Discovery swung to a profit of $135 million, or 5 cents a share, compared with a loss of $417 million, or 17 cents per share, in the same period last year. TV networks revenue rose 3% to $5.01 billion compared with last year, despite declines in both distribution and advertising revenue for the segment. ...

How did Warner Bros Discovery perform in fiscal third-quarter?

Warner Bros. Discovery, Inc (NASDAQ: WBD) reported a fiscal third-quarter revenue decline of 3% ex-FX year-on-year to $9.623 billion, missing the analyst consensus estimate of $9.799 billion. EPS of 5 cents beat the analyst consensus estimate loss of 9 cents. Net income was $135 million versus a loss of 417 million year-over-year. ...