WARNER BROS DISCOVERY INC Stock Price, News & Analysis

Warner Bros. Discovery (Nasdaq: WBD) announced that its CFO, Gunnar Wiedenfels, will present at the Bank of America Securities Media, Communications & Entertainment Conference on September 8, 2022, at 2:20 p.m. ET. A live webcast of the presentation will be available on Warner Bros. Discovery's Investor Relations website, with an on-demand replay shortly after the event.

Warner Bros. Discovery is a leading global media company, offering diverse content across various platforms, and is available in over 220 countries.

AT&T and Warner Bros. Discovery have announced a new agreement allowing AT&T to provide HBO Max to its internet and mobility customers. This collaboration ensures continued access to HBO Max's original programming, enhancing customer retention and service flexibility. The agreement reflects a strategic move for both companies, aligning with AT&T's existing financial guidance. HBO Max, which offers a diverse range of content, continues to expand globally since its launch in May 2020.

Warner Bros. Discovery (Nasdaq: WBD) announced its financial results for Q2 2022 on August 4, 2022. The report reflects the company's ongoing strategies in Direct-to-Consumer services. A conference call is set for 4:30 pm ET to discuss these results and further updates. Interested parties can access the results and materials through the company's investor relations website. Warner Bros. Discovery operates globally with a diverse portfolio of media and entertainment brands.

Warner Bros. Discovery (Nasdaq: WBD) will report its second-quarter 2022 results on August 4, 2022, after market close. The Company will host a conference call at 4:30 p.m. ET to discuss these results and share updates on its Direct-to-Consumer strategy. Investors can access the live webcast and presentation via the Company’s Investor Relations page. A replay will be available two hours post-call until August 11, 2022, accessible by phone and through the website.

Warner Bros. Discovery is a global leader in media and entertainment, reaching audiences in over 220 countries.

Food Network star Molly Yeh is set to debut her first kitchenware collection, Girl Meets Farm^™, exclusively at Macy’s (NYSE: M). The collection features a wide range of kitchen essentials including cookware, bakeware, and textiles, designed to merge functionality with a vibrant aesthetic, reflecting Yeh's personal style. Prices range from $9 to $129. Available on macys.com and at select Macy's stores across the nation, this launch marks a significant expansion for both Yeh and Macy's into home goods.

Warner Bros. Discovery (Nasdaq: WBD) announced that Chief U.S. Advertising Sales Officer Jon Steinlauf will present at the Credit Suisse 24th Annual Communications Conference on June 15, 2022, at 12:25 p.m. ET. A live webcast will be available on the Investor Relations section of their website, with an on-demand replay accessible shortly after the presentation's conclusion. Warner Bros. Discovery is a global media company recognized for its extensive portfolio, including brands like CNN, HBO, and Discovery Channel, operating in over 220 countries.

Roku and Warner Bros. Discovery announced the launch of discovery+ as a Premium Subscription on The Roku Channel in the U.S.. Users can choose between an ad-free subscription for $6.99 or an ad-supported version for $4.99. discovery+ offers a vast library of over 70,000 episodes from popular networks like HGTV, Food Network, and Animal Planet, along with exclusive content. The Roku Channel now features over 80,000 movies and programs, simplifying user access and subscription management.

Warner Bros. Discovery reported Q1 2022 revenues of $3,159 million, a 13% increase year-over-year. U.S. advertising revenues rose 5%, while distribution revenues grew by 11%. The company achieved a net income of $456 million and total Adjusted OIBDA of $1,027 million, reflecting a 23% increase. The total number of direct-to-consumer subscribers reached 24 million, with a 55% growth in Next Generation Revenues. Cash provided by operations increased to $323 million, and free cash flow rose to $238 million. The company ended the quarter with $4.2 billion in cash and equivalents.

Warner Bros. Discovery (Nasdaq: WBD) will release its first-quarter 2022 results on April 26, 2022, at 7:00 a.m. ET. The report covers the period from January 1 to March 31, 2022, excluding WarnerMedia's performance, which was acquired on April 8, 2022. A conference call will follow at 8:00 a.m. ET to discuss the findings, accessible via a live audio webcast on the company's website. Replay options will be available until May 4, 2022.