Warner Bros. Discovery Saw Q1 Streaming, Studios Boosts
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David Zaslav, CEO of Warner Bros. Discovery, lauded cable TV pioneer Ted Turner as “a foundational force” behind many of the brands central to the company today, including CNN. Turner died Wednesday at the age of 87,
In the final quarter of 2025, when Netflix and Paramount Skydance duked it out over Warner Bros. Discovery, the belle of the ball posted a quarter-billion-dollar loss. At the time, WBD tallied 131.6 million global streaming subs. Now the company says it has exceeded its guidance of more than 140 million subs at the end of the first quarter.
Warner Bros Discovery's streaming unit posted better-than-expected quarterly revenue growth on Wednesday, as HBO Max's expansion overseas boosted subscriber growth and engagement.
The sole Democrat on the FCC is calling on the agency to investigate and examine foreign investment in Paramount’s proposed merger with Warner Bros. Discovery. Paramount has disclosed that total foreign ownership of the combined company would be 49.
David Zaslav really loves HBO Max. (You can go ahead and just forget about that whole “Max” era .)
Shares of Walt Disney (NYSE:DIS | DIS Price Prediction) are up 8% in early trading on May 6 after the company posted fiscal Q2 2026 results that topped revenue and earnings estimates. Disney stock recently changed hands near $107.