Warner Bros. Discovery Adds 1.7 Million Streaming Subscribers in Q2, Reaches 92.1 Million Global
thewrap.commajor restructuring of its content divisions, and the entertainment conglomerate added 1.7 million global subscribers to both HBO Max and reaching 92.1 million global subscribers.
However, Warner Bros. Discovery notably did not break out individual subscribers for HBO and HBO Max, which last quarter when it was still controlled by AT&T had reached a combined 76.8 million customers worldwide by the end of March.
For the quarter, the company that trades under the stock ticker WBD reported revenues of $10.82 billion and revenues decreasing 1% compared to the same quarter year over year and a diluted EPS of -$1.50.
This is a slight miss with analyst expectations via Yahoo Finance, which projected revenues of $11.6 billion and a drop in earnings of 3 cents per share. “We’ve had a busy, productive four months since launching Warner Bros.
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