Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination

Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination

Warner Bros. Discovery announced record-breaking growth in its streaming business during second-quarter earnings, with the segment exceeding $3 billion in revenue and achieving a 10% increase compared to the prior year. The company generated more than $500 million in adjusted earnings before interest, taxes, depreciation and amortization from streaming operations. CEO David Zaslav attributed the gains to the company’s commitment to creative exce…