WBD Sees Impressive DTC Profit in 2024

We now have another streamer officially in the black for an entire year— and surprisingly, it’s Warner Bros. Discovery, which likely wasn’t on many people’s bingo cards. We have Brandon Blake, entertainment lawyer Los Angeles at Blake & Wang P.A., to share the happy news. Brandon Blake A Strong Year End Warner Bros Discovery onboarded enough new streamers last year to grow their overall subscriptions to 116.9M, with an ambitious target of 150M by the end of 2026. This is on top of an announced $677M in DTC profit for the whole year. In 2023, that was just $103M, with a $55M loss in the Q4 period of that year. This streaming subscriber growth was seen over both global and ...