Warner Brothers Discovery Losses $148M, Explores Split
Update: 2025-11-06
Description
Warner Brothers Discovery reports a $148 million loss in Q3, despite successful films like the latest Superman movie. The companys traditional TV business declines, partly due to lack of major events like the Paris Olympics. Despite challenges, the planned division into film/streaming and television networks remains on track for mid-2026. The company is also exploring other strategic options, including potential sales or separate deals for its businesses.
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