Warner’s streaming division turns a $677 million profit as Max gains 6 million subscribers year-to-year.

[Jman]

https://www.hollywoodreporter.com/business/business-news/warner-bros-discovery-q4-2024-earnings-streaming-profit-subscribers-advertising-1236148203/
 

One year ago it was operating at a loss.  Zaslav has indicated direct to consumer is the way forward.

[Blatch]

Well, they got me pretty good. Let's see if I'll keep paying once I'm caught up with Common Side Effects.

[Toonamiguy321]

Looks like Zaslav just needed people to trust the plan. People may not like the way he got there but he turned the ship around. 

[MasqueradeOverture]

5 hours ago, Blatch said:

Well, they got me pretty good. Let's see if I'll keep paying once I'm caught up with Common Side Effects.

There is an infinity of great HBO shows on there.

One of the few streaming services worth having imo

[Sketch]

I’ll come back once all the new season of Righteous Gemstones is out. Then I’ll watch Creature Commandos and some other stuff they added since October and then drop it again.

I can’t help but think they still would have turned this profit without writing off so many projects most of which frankly weren’t big budget projects. And they’re morons for not releasing Coyote vs ACME after inadvertently building interest by threatening to vault it.

But the silver lining is that they probably won’t be so quick to write off projects that aren’t immediately successful now that Zaslav has dug WB/D out of the hole AT&T left them.

Edited Friday at 05:16 AM by Sketch

[OwlChemist81]

So you're saying IFG might be saved?

[Jman]

14 minutes ago, OwlChemist81 said:

So you're saying IFG might be saved?

No, it tanked on Max too.

What people are saying is that this is likely more incentive for Warner to divest themselves from their linear channels.

[Sketch]

29 minutes ago, OwlChemist81 said:

So you're saying IFG might be saved?

Well it probably won’t get written off but a second season seems very unlikely.

[KageRageX]

So....

All that purging for this?

Fuck'em. I hope the whole company and Zaslav chokes.

Racist anti-animation motherfucker.

[Toonamiguy321]

2 hours ago, KageRageX said:

So....

All that purging for this?

Fuck'em. I hope the whole company and Zaslav chokes.

Racist anti-animation motherfucker.

Profits up substantially, subscriber count up, they are gonna be throwing ol Zaz one hell of a party. In the eyes of the stock holders, everything he did was justified and successful.