Warner Bros bipolarity: Improved results in streaming and film, but floundering in television

"The historic film studios recorded global revenue of $37.3 billion, representing a 5% decrease compared to the previous year due to the decline in the cable business with a loss of advertising on the TNT, Discovery Channel, Cartoon Network and CNN channels."

"The group that owns historic movies such as Casablanca and Gone with the Wind posted a profit of $727 million, compared to the $11.3 billion loss reported in 2024. The results exceeded investor expectations with improvements in the studio segment and streaming with HBO Max."

"The company is burdened by a high debt of $33.5 billion, equivalent to 3.3 times its gross operating profit, which costs it more than $2 billion in financial expenses annually."

Warner Bros. Discovery concluded the year with mixed financial results, recording $37.3 billion in global revenue, a 5% decrease driven by cable business decline across TNT, Discovery Channel, Cartoon Network, and CNN. The company posted a $727 million profit, reversing a $11.3 billion loss from the previous year, with improvements in studio operations and HBO Max streaming. The historic studio owner faces potential acquisition by Paramount through Skydance, founded by David Ellison. Warner Bros. Discovery carries substantial debt of $33.5 billion, costing over $2 billion annually in financial expenses. The company is restructuring into two subsidiaries to separate film and streaming operations while competing against streaming giants.

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