Warner Bros. Discovery reported an income before interest, taxes, depreciation, and amortization (EBITDA) of 289 million U.S. dollars with its direct-to-consumer segment in the third fiscal quarter of 2024. This marks an improvement of over 100 million U.S. dollars compared with the same period of the previous year. In order to become profitable, the media company recently decreased content spending, including the removal of several TV series and movies from streaming service Max, and cut hundreds of jobs.
Adjusted EBITDA of Warner Bros. Discovery's direct-to-consumer business from 1st quarter 2021 to 3rd quarter 2024
(in million U.S. dollars)
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Warner Bros. Discovery. (November 7, 2024). Adjusted EBITDA of Warner Bros. Discovery's direct-to-consumer business from 1st quarter 2021 to 3rd quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1402726/operating-income-warner-bros-discovery-d2c/
Warner Bros. Discovery. "Adjusted EBITDA of Warner Bros. Discovery's direct-to-consumer business from 1st quarter 2021 to 3rd quarter 2024 (in million U.S. dollars)." Chart. November 7, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1402726/operating-income-warner-bros-discovery-d2c/
Warner Bros. Discovery. (2024). Adjusted EBITDA of Warner Bros. Discovery's direct-to-consumer business from 1st quarter 2021 to 3rd quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1402726/operating-income-warner-bros-discovery-d2c/
Warner Bros. Discovery. "Adjusted Ebitda of Warner Bros. Discovery's Direct-to-consumer Business from 1st Quarter 2021 to 3rd Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 7 Nov 2024, https://www.statista.com/statistics/1402726/operating-income-warner-bros-discovery-d2c/
Warner Bros. Discovery, Adjusted EBITDA of Warner Bros. Discovery's direct-to-consumer business from 1st quarter 2021 to 3rd quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1402726/operating-income-warner-bros-discovery-d2c/ (last visited December 21, 2024)
Adjusted EBITDA of Warner Bros. Discovery's direct-to-consumer business from 1st quarter 2021 to 3rd quarter 2024 (in million U.S. dollars) [Graph], Warner Bros. Discovery, November 7, 2024. [Online]. Available: https://www.statista.com/statistics/1402726/operating-income-warner-bros-discovery-d2c/