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Warner Bros. Discovery Adds 7 Million Streaming Subs in Q3 to Hit 110 Million as Box Office Dives 40% in ‘Barbie’-Less Summer
Warner Bros. Discovery reported its third-quarter 2024 earnings results Thursday.
The July 1-Sept. 30 period concluded with WBD’s HBO, Max and Discovery+ boasting more than 110 million global subscribers, while box office sales fell 40% when compared to last summer’s blockbuster “Barbie.” In total, Max delivered 7.2 million net subscriber adds, the strongest quarterly gain since the platform’s launch, resulting in healthy subscriber-related revenue growth and meaningful progress toward achieving our 2025 Direct-toConsumer segment financial objectives. Likewise, our recently announced strategic partnership with Charter Communications, for both linear network distribution and bundling of Max, not only reinforced the value of our content portfolio, but represented our willingness to work with our partners to enhance the consumers’ experience as our industry undergoes transformation.”
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