Q1 2025 Earnings Call Transcript May 8, 2025 Warner Bros. Discovery, Inc. misses on earnings expectations. Reported EPS is $-0.18 EPS, expectations were $-0.12. Operator: Ladies and gentlemen, welcome to the Warner Bros.

The Warner Bros. studio struggled in the quarter, but the company's streaming unit grew by 5.3 million subscribers.

Faber said that we “almost definitely” will see the Warner Bros. studios paired with Max, leaving WBD’s cable networks as the odd assets out. It’s basically exactly what NBCUniversal is currently doing to Faber.