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