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WBD’s streaming business has incredible momentum, turning around its profitability by almost $3B in just two years and scaling globally with 22M subscribers added over the past year, with a clear path to over 150M+ by the end of 2026.

Streaming revenue rose 8% to $2.66 billion, with adjusted EBITDA reaching $339 million in Q1. The studio segment saw an 18% revenue drop, driven by underperforming titles and a 27% decline in content revenue.

Subscribers can watch WBD’s content offering on Max, such as S2 of “The last of us” and the final season of “The Handmaid’s tale."

They join previously announced studios Sony Pictures Television and ZDF Studios, which will also showcase their latest programming with screenings during the week.

Turkish streaming service BluTV will evolve into Max since mid April. Turkey becomes the 77th Max territory and marks a significant moment in the globalization of WBD’s streaming service that now has 116.9 million subscribers after adding 6.4 million in Q4 2024.