Warner Bros. Discovery projects profitability for its US streaming this year

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Warner Bros. Discovery projects profitability for its US streaming this year
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US streaming profitability will come 'a year ahead of our guidance,' CEO David Zaslav said

"We’ve focused on it very hard, and we built what we think will be a very strong independent business, and it starts with profitability," he said. "And so we made $50 million this quarter. Our U.S. streaming business will be profitable for the year, and we have real scale."Warner Bros. Discovery said its first-quarter revenue fell year over year to $10.7 billion. It saw a $1.

In this photo illustration, the HBO Max and Discovery+ logos are displayed on a smartphone screen Aug. 5, 2022. Warner Bros. Discovery executives also talked Friday about its upcoming streaming platform that will bring together

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