Warner Bros. Discovery Hits $86M Streaming Unit Profit, 99.6M Subs, Studios Profit Drops 70 Percent - Hollywood Reporter
hollywoodreporter.comSubmitted by hollywoodreporter5556 in business
The conglomerate, led by CEO David Zaslav, posted a first-quarter drop of 11 percent in networks unit advertising revenue; its studios unit was hit by the Hollywood strikes' fallout and weaker gaming results.