Warner Bros Discovery Q4 2021 Earnings Report
Key Takeaways
Discovery, Inc. reported a 10% increase in Q4 total revenues to $3,187 million and ended the year with 22 million DTC subscribers. The company's U.S. advertising revenues increased by 5%, and distribution revenues increased by 17%. International advertising revenues grew by 10%, and distribution revenues increased by 2%. Net income available to Discovery, Inc. was $38 million, and free cash flow was $784 million for the quarter.
Total revenues increased by 10% to $3,187 million.
Global DTC paying subscribers reached 22 million.
U.S. Networks revenues increased by 14% to $2,025 million.
Free cash flow increased by 78% to $784 million.
Warner Bros Discovery
Warner Bros Discovery
Warner Bros Discovery Revenue by Segment
Forward Guidance
Discovery may provide forward-looking commentary in connection with this earnings announcement on its quarterly earnings conference call.
Revenue & Expenses
Visualization of income flow from segment revenue to net income