Warner Bros Discovery shares were up 11% on Thursday afternoon. The stock has lost about a quarter of its value so far this year. "In general, Trump favors deregulation," said eMarketer television and streaming analyst Ross Benes. "That will increase the ...

Warner Bros. Discovery achieved its first company-wide profit post merger. Read more about recent earnings and what to expect from this media giant in 2025.

Warner Bros. Discovery posted a surprise profit and revealed that its streaming service Max had had its best-ever quarter on Thursday, sending its stock higher.The company, which is the parent of the movie studio Warner Bros.

By Dawn Chmielewski and Harshita Mary Varghese (Reuters) -Warner Bros Discovery CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening the door to industry consolidation,

Warner Bros. Discovery reached 110 million global streaming subscribers and $268 million in earnings in Q3, putting it on pace for sustained profits.

Warner Bros. Discovery stock rose on momentum in the Max streaming biz and the potential for Trump to grease the wheels for industry consolidation.

The New York-based media company added 7.2 million net streaming subscribers in the three months ended Sept. 30, the strongest quarterly gain since the platform’s launch, the company said in a statement Thursday. Analysts expected 6.1 million, according to data compiled by Bloomberg.

The media and entertainment company posted third-quarter earnings of 5 cents a share, when analysts had been expecting a loss.

Warner Bros. Discovery (NASDAQ:WBD) rose slightly in the Thursday premarket trade after the company posted mixed results for the third quarter of fiscal 2024. The mass media giant reported Q3 earnings per share (EPS) of $0.