There are 107 thousand more subscribers than in the same quarter last year. On the other hand, it is the lowest annual growth (+2.4%) since the end of 2013.
The company announced its fourth-quarter and full-year 2023 results and expects slight revenue growth and a positive development of entertainment advertising revenues in the German-speaking region in 2024.
Total revenues during were fourth quarter 2023 US$1.1 billion, increasing 1% year over year, whereas total revenues in the fiscal year were US$4.5 billion, representing a 10% increase from 2022.
Warner Bros. Discovery reported fourth-quarter and full-year 2023 resultsAlthough Max has been losing subscribers, average revenue per user increased 7% vs. the prior year quarter.