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Warner Bros. Discovery earnings: Stock rises amid streaming strength as studios, linear TV pressure revenue

Yahoo Finance
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Warner Bros. Discovery stock rises amid streaming strength as studios, linear TV pressure revenue.

Revenue missed expectations as the media giant struggled with a drop in its studios segment and continued declines from its linear TV business.

Streaming served as bright spot in the quarter with 7.2 million subscribers added, a beat compared to estimates of 6.1 million .