Warner Bros. gains streaming subscribers on foreign push [Los Angeles Times (CA)]
Charter Communications, Inc. - Class A (CHTR)
Last charter communications, inc. - class a earnings: 5/1 07:00 am
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Source: Los Angeles Times
The New York-based media company added 7.2 million net streaming subscribers in the three months ended Sept. 30, the strongest quarterly gain since the platform's launch, the company said in a statement Thursday. Analysts expected 6.1 million, according to data compiled by Bloomberg. Warner Bros. shares jumped 5% in premarket trading in New York. As viewers shift from traditional TV to streaming services, Warner Bros.' goal is to get Max on as many devices and in front of as many consumers as possible. In September, it scored an early renewal of a distribution agreement with Charter Communications Inc., the largest U.S. cable-TV service. The deal allows Charter subscribers to get the ad-supported version of Max and Discovery+ as part of their Spectrum TV select packages. “The Penguin,” released during the quarter, was one of the biggest premieres on Max and garnered audiences similar to “The Last of Us” and “House of the Dragon,” the company said. Warner Bros. launched Max in E
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CHTR
Earnings
- 11/1/24 - Beat
CHTR
Sec Filings
- 11/20/24 - Form 425
- 11/20/24 - Form 425
- 11/18/24 - Form 4
- CHTR's page on the SEC website