In the first quarter of 2022, WarnerMedia reported an operating income of around 1.3 billion U.S. dollars, down from nearly 1.6 billion U.S. dollars in the fourth quarter of 2021 and almost two billion U.S. dollars in the corresponding quarter of 2021. WarnerMedia is comprised of Turner, Home Box Office, and Warner Bros., and was previously known as Time Warner prior to its acquisition by AT&T in 2018. In April, WarnerMedia merged with Discovery to create the new company Warner Bros. Discovery.
WarnerMedia's segment operating income from 4th quarter 2017 to 1st quarter 2022
(in billion U.S. dollars)
excluding acquisition-related costs and other significant items
Supplementary notes
Some figures come from previous quarterly reports. Figures have been rounded. Time Warner merged with AT&T on June 14, 2018, thereby changing its name from Time Warner Inc. to Warner Media. AT&T did not include all results from Time Warner operations prior to the acquisition, and the 'content' and 'other' categories were combined for WarnerMedia for 2018. On June 6, 2014, the Company completed the legal and structural separation of Time Inc. from the Company. Accordingly, the Company has recast its financial information to present the financial condition and results of operations of its former Time Inc. segment as discontinued operations.
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AT&T. (April 21, 2022). WarnerMedia's segment operating income from 4th quarter 2017 to 1st quarter 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 02, 2024, from https://www.statista.com/statistics/276498/time-warners-quarterly-net-income/
AT&T. "WarnerMedia's segment operating income from 4th quarter 2017 to 1st quarter 2022 (in billion U.S. dollars)." Chart. April 21, 2022. Statista. Accessed November 02, 2024. https://www.statista.com/statistics/276498/time-warners-quarterly-net-income/
AT&T. (2022). WarnerMedia's segment operating income from 4th quarter 2017 to 1st quarter 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 02, 2024. https://www.statista.com/statistics/276498/time-warners-quarterly-net-income/
AT&T. "Warnermedia's Segment Operating Income from 4th Quarter 2017 to 1st Quarter 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 21 Apr 2022, https://www.statista.com/statistics/276498/time-warners-quarterly-net-income/
AT&T, WarnerMedia's segment operating income from 4th quarter 2017 to 1st quarter 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/276498/time-warners-quarterly-net-income/ (last visited November 02, 2024)
WarnerMedia's segment operating income from 4th quarter 2017 to 1st quarter 2022 (in billion U.S. dollars) [Graph], AT&T, April 21, 2022. [Online]. Available: https://www.statista.com/statistics/276498/time-warners-quarterly-net-income/