Description
Warner Bros. Discovery is a media and entertainment company delivering content, brands, and franchises to audiences across television, film, streaming, and gaming platforms.
Included in this report General Information, Highlights and Metrics, Business Outlook and Financial Statements.
Goals and Objectives of the Research
Research Objective: To perform a comparative analysis of the Q1FY24 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q1FY24;
- Analyze the collected information;
- Conduct a comparative assessment of the report for the Q1FY24 with reports for previous quarters up to the Q1FY23;
- Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company quarterly reports are unaudited.
Document Markup
- FY - Financial Year;
- Q - Quarter;
- WBD - Warner Bros. Discovery, Inc;
- Discovery - Discovery, Inc.;
- WM - WarnerMedia business;
- QoQ - Quarter-over-Quarter;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Warner Bros. Discovery, Inc Q1FY24 Report Period is from January 1 to March 31, 2024.
Short Insights
Key findings from the report:
- "Dune: Part Two and Godzilla x Kong: The New Empire have grossed $1.2 billion globally. Dune: Part Two is the top 2024 film so far, earning $700 million."
- In Q1FY24, net revenue was $9.96 billion, down 6.93% from $10.7 billion in Q1FY23 and 3.17% from $10.28 billion in Q4FY23.
