"Our work in building our digital assets continues to pay off; this is the sixth consecutive quarter in which the Digital Audio Group Adjusted EBITDA is larger than the Multiplatform Group Adjusted EBITDA.”
"Since the NBA guys don’t have enough pride to give us, the fans, what we want in the dunk contest, all of these professional dunkers have been created."
"Under the agreement, X will prioritize Warner Bros. Discovery’s Olympic-related content across its feeds, with localized versions tailored for audiences throughout Europe."
The announcement of the new streaming service comes after the network shared that it would cease airing live programming on the HBO Max streaming platform.
On a standalone platform, there’s no casual traffic — only committed subscribers. And the truth is, there may not be enough of them to make it sustainable.