Warner Bros. Losses Widen as Revenue Drops. Here’s the Good News From Earnings. - Barron's

1. WBD reported a larger-than-expected fourth-quarter loss of 20 cents a share. 2. Revenue slid 2% to $10.03 billion, missing analyst expectations. 3. Streaming segment revenue rose 5% to $2.65 billion, boosting total subscribers. 4. WBD aims for 150 million global subscribers by 2026; Max to reach new audiences. 5. Stock rose 6.9% despite revenue decline, showcasing investor confidence.