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Warner Bros. Discovery posted mixed Q3 while streaming hits 128 Million subscribers 6 NOV 2025

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Warner Bros. Discovery posted mixed Q3 while streaming hits 128 Million subscribers

Group revenue falls 6% to $9.0 billion, net loss hits $148 million, while streaming subs rise 16% to 128 million and streaming adjusted EBITDA grows 24%.
USA: Free Ad-Supported streaming TV gains ground as viewers shift from traditional live TV 2 JUL 2025

Markets

USA: Free Ad-Supported streaming TV gains ground as viewers shift from traditional live TV

According to Horowitz Research, 60% of U.S. viewers now stream live content weekly, with 21% relying on FAST platforms like Pluto TV and Tubi; usage among Black and Latinx audiences reaches 47% and 46% respectively, outpacing White viewers at 30%.