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Warner Bros. Discovery falls short of expectations in Q3 despite success of ‘Game of Thrones’ spinoff

Warner Bros. Discovery (WBD) reported its fiscal quarterly earnings this afternoon — its last one before the company is set to launch a new streaming service next year that combines HBO Max and Discovery+ content.
Since Netflix reported decent Q3 results, the market likely anticipated an okay turnout for WBD. However, it’s clear the company fell short. HBO, HBO Max and Discovery+ ended the third quarter with a combined net add of 2.8 million global subscribers, bringing the total to 94.9 million, up from 92.1 million in Q2. However, Wall Street anticipated a net add of 3.27 million subsc

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