Warner Bros. Discovery Inc Ordinary Shares - Class A

WBD: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$89.00	Slv	Mjddmffg

Warner Bros. Discovery Reports Weak Start to New Future; Combined DTC Platform to Launch in 2023

Neil Macker

Aug 5, 2022

In its first quarter as a combined company, Warner Bros. Discovery posted weak second-quarter results with pro forma revenue (excluding currency effects) down 1% year over year. Management laid out its streaming plans, including the launch of a single streaming platform that will combine HBO Max and Discovery+ next summer in the U.S., with a global rollout to 70 countries to follow over the next two years. However, some countries, notably the U.K., Germany, and Italy, will not receive the new platform until after 2025 due to the HBO/Sky deal.

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