U.S. COMPANY FILING
Warner Bros. Discovery, Inc. — Form 10-Q filed 2026-05-06
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Warner Bros. Discovery reported Q1 2026 net loss of $2.906 billion, EPS -$1.17, impacted by a $2.8 billion Netflix termination fee and restructuring. Revenue fell 1% to $8.893 billion. Announced merger with Paramount Skydance, approved by shareholders, expected by 2027. Operating cash flow negative, debt reduced.
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