Discovery Warner Bruce He had the first quarter mixed with Beats on Streaming Subs and Profit, low revenue from the film studio, which was transformed into the Q2. Local linear ads decreased.
The company ended March 122.3 million broadcasting subscribers, an increase of 5.3 million subscribers against the Q4. The declining broadcast witnessed $ 339 million.
Total revenues of about 9 billion dollars decreased 10 %
Distribution revenues have been compensated with a decrease in growth in global broadcasting subscribers more than a continuous decrease in common on local linear television.
Advertising revenues decreased by 8 % of EX-FX, as the growth of the AD-Lite subscribers was compensated more than the local linear audience declined.
Content revenues decreased by 25 % on the play with the low box office revenues and home entertainment due to the strongest performance of theatrical versions 1Q24 and the pass from the fourth versions of 23, in addition to the lack of games versions in the current quarter of the current year.
The net loss of about $ 500 million includes $ 1.6 billion in acquisition of pre -tangible acquisitions, fair value -value formations, and restructuring of expenses.
Theatrical revenue decreased by 27 % of EX-FX, as a result of lowering box office revenues and home entertainment, partially matched by higher content sales.
He decreased in the box office revenue, which was primarily due to the strong performance of the dunes: the second part and the x Kong: the new empire, as well as the deportation of the theatrical publications in the fourth quarter 2023 in the previous year. The decrease in home entertainment revenues was primarily due to the strong performance of Wonka and Aquaman and the missing kingdom in the previous year.
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