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Warner Bros. Discovery reports Q2 profit of $293M, driven by HBO Max growth and "Minecraft" movie success.
Warner Bros.
Discovery reported a Q2 profit of $293 million and revenue of $9.8 billion, exceeding expectations.
Growth was driven by the expansion of HBO Max and the success of "A Minecraft Movie," which boosted studios revenue by 55% to $3.8 billion.
Despite a 9% drop in global linear networks revenue to $4.8 billion due to cord-cutting, the company added 3.4 million streaming subscribers, totaling 125.7 million globally.
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Es Warner Bros. Discovery reporta un beneficio del segundo trimestre de $293 millones, impulsado por el crecimiento de HBO Max y el éxito de la película "Minecraft".