(Reuters) -Warner Bros Discovery posted a bigger-than-expected quarterly loss on Thursday, as lackluster growth in its streaming unit and persistent declines in its cable TV business more than offset a strong showing from the media giant's studio division. After a strong quarter last year that saw a boost from the 2024 Paris Olympics and the first season of crime drama series "The Penguin", WBD's streaming business – home to the HBO Max and Discovery+ platforms – suffered from a lack of new seasons or shows. The company reported 2.3 million global streaming subscriber additions for the third quarter, missing Visible Alpha estimates of 2.75 million. Shares fell 1% premarket. NO DEADLINE FOR SALE OR SPLIT WBD is evaluating options including selling itself or in parts. The company said on Thu
Warner Bros Discovery results miss expectations ahead of potential sale or split
The Daily Guardian11/06
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