WBD Streaming EBITDA Jumps 75% to $512M, Narrows Loss Amid $110B Takeover Bid
WBD has more than doubled off its 52-week low of $10.76.
Summary
WBD reported a narrower quarterly loss after a large charge, with streaming revenue up 10% to $3.08B and streaming adjusted EBITDA surging to $512M from $293M a year ago. The results land amid the pending $110B Paramount Skydance takeover, which faces antitrust litigation and a March 2027 trial date. Management pointed to 2027 strength from HBO franchises and outlined a heavy film slate—14 films in 2026 and 19 in 2027—to drive diversified revenue. The streaming profit jump signals improving unit economics even as merger uncertainty weighs on the stock.
At the time of this announcement, WBD was trading at $26.83 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $67.2B. The 52-week trading range was $10.76 to $30.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.