Warner Bros. Discovery Revenue Rises 10%
Warner Bros. Discovery achieved strong growth in subscription streaming revenues, notably through the HBO Max platform, which exceeded $3 billion—up 10% from last year—with adjusted profits surpassing $500 million. The platform's expansion into new markets and content performance contributed to this success, with expectations of continued growth in the second half of the year. Advertising revenues also increased by 9%, despite the impact of losing rights to broadcast the American basketball league on growth. Efforts to integrate HBO Max and Paramount+ continue despite legal and commercial opposition. The company's revenues for the second quarter reached $8.72 billion, with a net profit of $149 million.
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