WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026
1. WBD added 6.4 million global streaming subscribers, totaling 116.9 million. 2. Streaming revenue increased 5%, reaching $2.65 billion in the fourth quarter. 3. WBD forecasts 1.3 billion adjusted EBITDA for streaming, targeting 150 million subscribers by 2026. 4. Net loss of $494 million reported; overall revenue fell 2% to $10.03 billion. 5. Studios revenue grew 15%, indicating successful content performance amidst losses.