WBD’s Max Platform Adds 7.2M Subscribers, Boosting Total to 110.5M in Q3
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Financial Performance: Warner Bros. Discovery reported a surprising profit of $0.05 per share for Q3, recovering from a loss in the previous period, although revenue fell short of expectations at $9.6 billion, down 3% year-over-year.
Subscriber Growth: The Max platform saw significant growth, adding 7.2 million subscribers to reach a total of 110.5 million, driven by expansion into international markets, despite ongoing challenges reflected in the stock's long-term performance.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
