Monday, December 16, 2024

Tag: Warner Bros. Discovery

Q1 Loss for Warner Bros. Discovery

May 5, 2023

Even as its direct-to-consumer segment swung to a profit in the first quarter, Warner Bros. Discovery reported a Q1 loss of $1.1 billion, citing acquisition-related amortization costs and restructuring expenses, on revenues that were down 5 percent to $10.7 billion.

Warner Bros. Discovery Rebrands Directors Program

March 10, 2023

Warner Bros. Discovery has unveiled plans for its rebranded Access Directors Program, which was previously housed within Warner Bros. Television but will now be led by the company’s diversity, equity and inclusion team.

Warner Bros. Discovery Records Q4 Loss

February 24, 2023

On revenues of $11 billion, Warner Bros. Discovery reported a Q4 loss of $2.1 billion following $1.8 billion in asset write-downs and $1.2 billion in merger-related restructuring expenses.