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Warner Bros. Discovery Earnings Highlight Streaming Strength Amid Linear Decline

Warner Bros. Discovery Earnings Highlight Streaming Strength Amid Linear Decline

Author:

Global Cryptocurrency

Published:

2025-11-06 23:58:02

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Warner Bros. Discovery's third-quarter earnings reveal a stark divergence between its streaming and traditional linear businesses. The Streaming & Studios segment delivered $1 billion in profit on $5.3 billion revenue, positioning it as the crown jewel ahead of the planned corporate split. Meanwhile, Global Linear Networks saw softer performance with $3.8 billion revenue.

Consolidated results fell short of expectations at $1.4 billion revenue, with restructuring costs driving a $148 million net loss. The numbers underscore why potential acquirers are circling the streaming assets while legacy linear operations face secular pressures.

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