(CercleFinance.com) – Warner Bros Discovery unveiled Thursday evening a net loss of $400 million for the last three months of 2023, divided by five in annual comparison, but adjusted EBITDA down 5% to 2.47 billion.
It saw its revenue contract 7% to $10.3 billion, as declines in its studio (-17%) and network (-9%) divisions largely outweighed 3% growth in the division. direct-to-consumer.
‘Having carried out our strategic plan to reposition the group, we are now relying on solid foundations with a clear path to growth,’ says David Zaslav, CEO of the media and entertainment group.
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