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The company reported free cash flow of $2.06 billion, compared with $1.72 billion in the prior quarter. The company posted a net loss of $417 million, narrowing from a $2.3 billion net loss from a year-ago period. Advertising revenue at its networks segment declined 12% to $1.71 billion as global conflicts and inflation created an uncertain climate for marketers. The company's streaming unit posted an adjusted core profit of $111 million, compared with a loss of $634 million a year ago. Warner Bros Discovery had 95.1 million global direct-to-consumer customers at the end of the quarter, down from 95.8 million in the previous quarter.
Persons: Mario Anzuoni, Gunnar Wiedenfels, there's, Wiedenfels, David Zaslav, Michael Schulman, Barbie, Thomas Hayes, Samrhitha, Helen Coster, Saumyadeb Chakrabarty, Anil D'Silva, Mark Porter Organizations: Paramount Pictures Studios, REUTERS, Warner Bros Discovery, SAG, Running, HBO, Thomson Locations: Los Angeles , California, U.S, Bengaluru, New York
Warner Bros movie 'Barbie' ticket sales top $1 billion
  + stars: | 2023-08-06 | by ( ) www.reuters.com   time to read: +1 min
NEW YORK, Aug 6 (Reuters) - Box-office ticket sales of the movie "Barbie" topped $1 billion in the United States and worldwide since its debut more than two weeks ago, Warner Bros. Pictures, a unit of Warner Bros. Discovery (WBD.O), announced on SundayIn a statement, Warner Bros. said the movie took in $459 million from domestic theaters and another $572.1 million overseas over the weekend, for a total of $1.0315 billion. "As distribution chiefs, we're not often rendered speechless by a film's performance, but Barbillion has blown even our most optimistic predictions out of the water," said Jeff Goldstein, president of domestic distribution for Warner Bros. Pictures, and Andrew Cripps, president of international distribution. "Barbie" ticket sales ranked second this year to "The Super Mario Bros," which was released in April and raked in a total of $1.357 billion at the box office. Reporting by Gertrude Chavez-Dreyfuss; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Persons: we're, Jeff Goldstein, Andrew Cripps, Oscar, Greta Gerwig, Margot Robbie, Ryan Gosling, Barbie, Ken, Mattel, Mario Bros, Gertrude Chavez, Dreyfuss, Leslie Adler Organizations: Warner Bros . Pictures, Warner Bros ., Warner Bros, Thomson Locations: United States
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