Warner Bros. Discovery Falls Short of Wall Street Estimates in Q4 Revenue

Warner Bros. Discovery reported lower-than-expected revenue for the fourth quarter, impacted by the ongoing decline in the cable TV sector and a lack of blockbuster releases during the holiday season.

For the quarter ending December 31, the company’s revenue stood at $10.03 billion, missing analysts’ projections of $10.19 billion, according to LSEG data. The shortfall reflects industry-wide challenges as traditional TV viewership continues to decline and streaming competition intensifies.