Warner Bros. Discovery’s streaming business set to become profitable in 2023

Warner Bros. Discovery announced Friday that its streaming business will turn a profit in 2023. The company previously said it expected to break even by 2024 and become profitable in 2025.
“It is an important time for Warner Bros. Discovery. We’ve come through some major restructurings and have repositioned our businesses with greater precision and focus,” CEO David Zaslav said in a statement. “In fact, we now expect our U.S. DTC business to be profitable for 2023 – a year ahead of our guidance. Even in today’s challenging marketplace, we are positioned to drive free cash flow and deleverage o

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