Company: WBD
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437107-25-000216
Chunk: 176

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 176
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 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 September 30,2025202420252024202520242025202420252024Revenues:Distribution$4,702 $4,920 $2,319 $2,326 $2,387 $2,598 $— $— $(4)$(4)Advertising1,407 1,682 232 203 1,186 1,490 — — (11)(11)Content2,649 2,721 2,533 2,153 217 833 — — (101)(265)Other287 300 195 208 93 89 1 4 (2)(1)Total revenues9,045 9,623 5,279 4,890 3,883 5,010 1 4 (118)(281)Costs of revenues, excluding depreciation and amortization4,564 5,181 3,138 3,145 1,520 2,185 30 13 (124)(162)Selling, general and administrative2,361 2,385 1,226 1,205 661 713 482 477 (8)(10)Depreciation and amortization1,375 1,762 517 621 758 1,048 100 93 — — Restructuring and other charges88 9 13 (14)16 5 59 18 — — Impairments and loss on dispositions46 5 — (4)27 5 19 4 — — Total costs and expenses8,434 9,342 4,894 4