Company: WBD
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437107-25-000216
Chunk: 123

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 123
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 Inter-segment EliminationsTotalRevenues:Distribution$2,317 $2 $2,387 $(4)$4,702 Advertising235 — 1,186 (14)1,407 Content79 3,111 217 (758)2,649 Other2 208 93 (16)287 Total$2,633 $3,321 $3,883 $(792)$9,045 Three Months Ended September 30, 2024StreamingStudiosGlobal Linear NetworksCorporate and Inter-segment EliminationsTotalRevenues:Distribution$2,320 $6 $2,598 $(4)$4,920 Advertising205 1 1,490 (14)1,682 Content107 2,463 833 (682)2,721 Other2 210 89 (1)300 Total$2,634 $2,680 $5,010 $(701)$9,623 Nine Months Ended September 30, 2025StreamingStudiosGlobal Linear NetworksCorporate and Inter-segment EliminationsTotalRevenues:Distribution$7,056 $4 $7,422 $(9)$14,473 Advertising754 1 4,897 (49)5,603 Content269 8,841 884 (3,008)6,986 Other3 590 257 (76)774 Total$8,082 $9,436 $13,460 $(3,142)$27,836 Nine Months Ended September 30, 2024StreamingStudiosGlobal Linear NetworksCorporate and Inter-segment EliminationsTotalRevenues:Distribution$6,707 $14 $8,070 $(7)$14,784 Advertising620 5 5,691 (56)6,260 Content329 7,323 1,396 (1,660)7,388 Other6 608 250 (2)862 Total$7,662 $7,950 $15,407 $(1,725)$29,294 

13

WARNER BROS. DISCOVERY, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(unaudited)

Contract Liabilities and Contract AssetsThe following table presents contract liabilities on the consolidated balance sheets (in millions).CategoryBalance Sheet LocationSeptember 30, 2025December