HBO Max and HBO had 76.8 million global subscribers as of March – up by 3 million from the previous quarter and 12.8 million from the year earlier. Domestic subscribers of 48.6 million rose 4.4 mil…
WarnerMedia first quarter highlights:
Revenue was $8.7 billion, up 2.5% from the year before year before, driven by higher subscription revenues and higher content and other revenues, partially offset by lower ad sales.Content and other revenues was $3.1 billion, up 3.4%, driven by higher theatrical and HBO Max licensing, offset in part by lower TV licensing. Advertising revenues fell $1.7 billion, down 3% due to lower linear audiences and tough comps to the prior-year political ads, partially offset by higher sports.
Operating expenses totaled $7.4 billion, up 13% year over year driven by higher marketing costs as well as higher programming costs and incremental selling costs associated with DIRECTV advertising revenue sharing arrangements. Operating income of $1.3 billion fell 32.7% on continued investments in HBO Max and the launch of CNN+. Operating income margin was 15.1%, compared to 23%.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Emmy Predictions: Drama Series – HBO/HBO Max Juggles Multiple Contenders Including ‘Euphoria’ and ‘Succession’Zendaya on Rue's future in Euphoria: 'We carried her all the way to hopefully what is rock bottom and a dark moment, and hopefully by the end leave with a sense of happiness and joy that there is hope for her in the end.'
Baca lebih lajut »
HBO Max and HBO Grew to 76.8M Global Subs, Including 48.6M in the U.S., as of March 31Telecom giant AT&T, led by John Stankey, posts its first results since the close of the mega-deal that created Warner Bros. Discovery.
Baca lebih lajut »
HBO Max joins Verizon’s +play platformStarting today, HBO Max will be joining Verizon’s +play platform as a partner.
Baca lebih lajut »
Ezra Miller hit with second Hawaii arrest as HBO mulls 'Flash' FutureOfficers were called to a residence in Pahoa a little after 1 a.m. for a report that Miller threw a chair at a woman, leaving her with a cut to the forehead, police said.
Baca lebih lajut »
'Rust' Production Hit With Max Fine for 'Failure to Act Upon Obvious' Gun Safety HazardsA New Mexico safety bureau hit the producers of ‘Rust’ with a max fine for failing to provide adequate safety precautions on the set where Alec Baldwin fatally shot cinematographer Halyna Hutchins,
Baca lebih lajut »
NBA legend Jerry West seeks retraction over portrayal in HBO series 'Winning Time'The attorney for former Los Angeles Lakers general manager Jerry West has set a May 3 deadline for a retraction of his portrayal in the HBO drama series 'Winning Time: The Rise of the Lakers Dynasty.'
Baca lebih lajut »