The news: Warner Bros. Discovery (WBD) ended Q4 2024 with strong streaming growth, a major sports pricing shift, and ongoing declines in traditional TV, Thursday’s earnings show.
- The company added 6.4 million streaming subscribers, increased direct-to-consumer (DTC) profits, and posted a deeper $494 million net loss.
- Studio revenues grew 15% as WBD restructured to address linear TV challenges.