warner bros discovery q1 loss
Streaming Discovery Isn't the Silver Bullet for Q1?
streaming discovery Key Takeaways * 2.3 M new subs vs. 5 M forecast * Net per-user revenue up 5% despite subscriber dip * Operating expenses rose 12% in Q1 * Higher licensing fees offset weaker subscriber base * Future creative spend faces tighter margins Industry-wide subscription rates slipped 3% year-over-year, but Warner’s comparable-model