Warner Bros. Discovery Swings to Q3 Loss, With ‘Superman’ Box Office Offset by Ad Declines

The entertainment industry seems to be going down the trend of big studios struggling while indie studios thrive. In gaming and in movies.

I’ve heard conflicting reports of Superman being profitable vs not. If I’m reading this correctly, it’s actually just saying the revenue timing was in Q3 compared to the costs being in previous quarters, right?

In other words, quarters with more developed are going to have higher costs and quarters with more releases will have more revenue.

Great job, David. More bonuses or is it golden parachute time?

Distribution revenue fell 8% and advertising revenue fell 21%. million compared to the prior year quarter.

“21%. million”

What?

WB just announced they are doing Gremlins 3. I wonder why the hell they are loosing money….