Warner Bros. Discovery Grows DTC Profit to $289M, Streaming Subs to 110.5M, Led by Olympics
Warner Bros. Discovery posted a third-quarter profit gain to $289 million for its direct-to-consumer (DTC) unit, which includes its streaming and premium pay-TV services, compared with a $111 million year-ago profit.
Warner Bros. Discovery Sees Streaming Subs Rocket To 110 Million As International Rollout Gathers Pace, But Q3 Revenues Dip With Box Office Down
Warner Bros Discovery added more than seven million net subscribers in Q3 2024 to reach 110.5 million, as its international Max rollout gathered pace.
Warner Bros. Discovery seeing ‘strong momentum’ in DTC business
Expects momentum to continue in Q4. Expects to use all free cash flow to retire debt. Published first on TheFly – the ultimate source
Warner Bros Discovery posts surprise profit as Olympics boost streaming
Warner Bros Discovery posted a surprise third-quarter profit on Thursday as the Paris Olympics powered streaming subscriber growth and cable revenue, making up for a lack of major box office hits from its studio.
Warner Bros. Discovery Posts Streaming Profit of $289 Million in Q3 as Subs Grow to 110.5 Million
Warner Bros. Discovery posted a streaming profit of $289 million during its third quarter of 2024 after posting its largest ever quarterly growth in subscribers since the launch of Max, topping 110 million globally.
Solo Brands’s (NYSE:DTC) Q3: Beats On Revenue But Stock Drops
Outdoor lifestyle and recreational products company Solo Brands (NYSE:DTC) reported Q3 CY2024 results beating Wall Street’s ...
PepsiCo: Healthy Beverage And DTC Initiatives Fuel Mouthwatering Long-Term Growth
PepsiCo's proactive investments position it for sustainable growth despite competition. Find out why PEP stock is a strong ...
Commercial Motor12h
DTC rules it’s OK to curtail rather than revoke
A Lancashire operator has escaped having its licence revoked after a deputy traffic commissioner said it had acted swiftly to ...
Yahoo Finance12h
Co-creation, DTC Drive Golden Goose 9M Revenues
MILAN – Golden Goose continues to grow and its chief executive officer Silvio Campara said the performance in the nine months ...
GlobalData on MSN9h
Olympics income, DTC subscriber growth lead WBD rebound in Q3
WBD, which released its Q3 financials earlier today, secured revenues of $9.6 billion in the three months up to September 30, ...
DTC Slice is turning pizza dreams into pizza science
Rufino Santana cuts a pineapple and pepperoni pizza at DTC Slice in Denver on Wednesday, Oct. 30, 2024. (Photo by AAron ...
Marketing Dive2d
How Oreo’s new DTC platform fits into Mondelēz’s evolving data strategy
The cookie brand’s work with digital commerce agency Goodness is at the core of its marketing transformation agenda.
DTC bus rams into pavement, kills constable and student near Delhi’s Monastery Market
An accident involving a Delhi Transport Corporation (DTC) bus left a police constable and another person dead near Monastery ...
TV Technology1d
Tennis Channel Plans Nov. 12 DTC Streaming Platform Launch
LOS ANGELES —Sinclair’s Tennis Channel is planning to launch of a new direct-to-consumer (DTC) streaming service that merges ...
Sportico on MSN7h
Warner's NBA Juggernaut Wobbles as Zaslav Hypes DTC
As much as talk about the impending loss of TNT's NBA rights package was largely sidestepped during Warner Bros. Discovery's ...