NEW YORK—Warner Bros. Discovery reported that its global direct-to-consumer streaming subs fell in Q3, 2023 but streaming finances improved dramatically with a positive adjusted earnings before interest taxes depreciation and amortization (EBITDA) of $111 million, a $745 million improvement from a year ago when adjusted EBITDA was a negative $634 million.
Total DTC subscribers were 95.1 million at the end of Q3, a decrease of 0.7 million global subscribers since the end of Q2 2023 but global DTC ARPU was $7.82, a 6% increase excluding the impact of foreign exchange rates (ex-FX) from the prior year quarter.
