WBD · 8-K · 20260806PR000072

Streaming Distribution Growth

Warner Bros. Discovery, Inc. · 2026-08-06 · Importance 43 · Surprise 32

Streaming distribution revenue increased 11% ex-FX, driven by continued growth in existing markets and the global expansion of HBO Max. The expansion included new distribution deals, although the domestic distribution deal renewal with a former related party partially offset growth. Global streaming subscriber growth also supported total distribution revenue, which increased 1% ex-FX at the company level despite domestic linear pay TV subscriber declines.

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