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Sport
Tom Davidson

Closure of GCN+ cost Warner Bros £3m, new account filings reveal

GCN WBD
GCN.

The closure of the GCN+ streaming app in late 2023 set Warner Bros. Discovery back more than £3m in “restructuring costs”, the company’s latest annual accounts reveal.

Covering the period to the end of December 2024, and published this week, the accounts for WBD Sports Holding Limited show a pre-tax loss of close to £38m, almost all of which is due to the company’s dealings with Play Sports Network Limited, the parent company of the YouTube channel GCN.

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