Warner Bros. Discovery (WBD) reported underwhelming Q4 results yesterday, revealing a net loss of another $2.1 billion, including $217 million from its streaming division. This is despite the company touting the success of its new original series “The Last of Us,” which averaged over 15 million viewers, and the recently launched video game Hogwarts Legacy, which saw more than $850 million in retail sales in just two weeks.
The company just barely missed analysts’ estimates of nearly $11.36 billion in revenue, earning $11 billion — a significant jump from $9.82 billion in Q3 2
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Warner Bros. Discovery continues to lose money despite success of ‘The Last of Us’ and ‘Hogwarts Legacy’
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