Company: WBD
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437107-25-000192
Chunk: 93

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 93
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 and Analysis of Financial Condition and Results of Operations” in our 2024 Form 10-K.

NEW ACCOUNTING AND REPORTING PRONOUNCEMENTS

Certain new accounting and reporting standards will be effective for us during the year ended December 31, 2025. (See Note 1 to the accompanying consolidated financial statements.)

48

Supplemental Data for Results of Operations

The following table presents supplemental consolidating data for our Streaming & Studios division, Global Linear Networks reportable segment, Corporate, and consolidating adjustments.

Consolidated - Represents the consolidated results of operations of the Company and its subsidiaries.

Streaming & Studios - Represents the results of our Streaming & Studios division, which includes our Streaming and Studios reportable segments and eliminations between those two reportable segments.

Global Linear Networks - Represents the results of our Global Linear Networks reportable segment.

Corporate - Represents the results of our Corporate functions.

Consolidating adjustments - Represents eliminations between the Streaming & Studios division and the Global Linear Networks reportable segment, as well as other Corporate eliminations.

Supplemental Data for Results of Operations (in millions)Supplemental Consolidating DataConsolidatedStreaming & StudiosGlobal Linear NetworksCorporateConsolidating adjustmentsFor the three months ended June 30,2025202420252024202520242025202420252024Revenues:Distribution$4,885 $4,879 $2,411 $2,205 $2,477 $2,675 $— $— $(3)$(1)Advertising2,216 2,430 280 240 1,953 2,214 — — (17)(24)Content2,471 2,109 2,349 1,945 287 299 — — (165)(135)Other240 295 154 211 86 84 1 1 (1)(1)Total revenues9,812 9,713 5,194 4,601 4,803 5,272 1 1 (186)(161)Costs of revenues, excluding depreciation and amortization5,967 6,204 3,163 3,407 2,902 2,825 25 44 (123)(72)Selling, general and administrative2,477 2,461 1,308 1,290 699 742 486 451 (16)(22)Depreciation