WBD Boss: Max to Add 6M Customers in Q3, Company Back on Solid Financial Footing
Warner Bros. Discovery CEO David Zaslav made the big reveal on Max’s subscriber jump at the Goldman Sachs Communacopia and Technology Conference on Thursday.
Warner Bros. Discovery CEO David Zaslav made the big reveal on Max’s subscriber jump at the Goldman Sachs Communacopia and Technology Conference on Thursday.
Is Warner Bros. Discovery ready to claw its way back to being one of the dominant media companies in Hollywood — at least from a financial perspective? Company CEO David Zaslav sure seems to think so. The executive spoke to analysts and investors at the Goldman Sachs Communicopia + Technology conference on Thursday, revealing that the company’s flagship streaming service Max is expected to end the third quarter of 2024 with 6 million more subscribers than it had at the end of the second quarter.
Key Details: Adding 6 million customers will bring Max’s total close to 110 million. Zaslav praised the Disney+, Hulu, and Max bundle, as well as his company’s new carriage deal with Charter. Wbd has paid down $16 billion in debt since WarnerMedia and Discovery...
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