Warner Bros. Discovery Says Disney Bundle Is Delivering: ‘Proof Is in the Data’ as Churn Falls, Subscriber Growth Improves
Key takeaways
- Warner Bros. Discovery's Disney bundle is delivering measurable benefits, helping reduce customer churn and improve subscriber growth.
- Q2 revenue: $8.72 billion
- Year-over-year decline: 12%
- Streaming revenue: $3.08 billion
What happened
Warner Bros. Discovery (WBD) reported Q2 revenue of $8.72 billion, down 12% year-over-year, and reaffirmed confidence in its proposed $110 billion merger with Paramount Skydance Corp.
Why it matters
The company cited the Disney bundle as a key factor in reducing customer churn and improving subscriber growth, with revenue from streaming rising 10% to $3.08 billion.
Short-term and longer-term
Short-term. Warner Bros. Discovery's stock ranks in the 87th percentile for Momentum, but underperformed in the short and medium term. The company's proposed merger with Paramount Skydance Corp. is valued at $110 billion.
Longer-term. The Disney bundle's success is driving better streaming metrics, with revenue from streaming rising 10% to $3.08 billion.