Warner Bros. Discovery (WBD) reported a revenue of .8 billion for Q2, stable compared to .7 billion last year. The Minecraft Movie contributed to a 38% increase in theatrical revenue, leading to a 54% rise in the studios segment revenue to .8 billion. WBD added 3.4 million global subscribers, totaling 125.7 million, with streaming revenue increasing by 8% to .8 billion. However, revenue from global networks declined by 9% to .8 billion, with a 13% drop in advertising revenue due to a 23% decrease in domestic audience numbers. WBD plans to separate its networks business from streaming and studios operations. The company aims for 12 to 14 theatrical releases annually and is focusing on expanding the DC franchise across various media. CEO David Zaslav noted progress in returning studios to leadership, scaling HBO Max globally, and optimizing global linear networks.