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here's your Daily Crunch.

Warner Brothers Discovery reported underwhelming Q4 results yesterday, revealing

a net loss of another $2.1 billion, including $217 million from its streaming division.

This is despite the company touting the success of its new original series The Last of Us, which averaged over 15 million viewers,

and the recently launched video game Hogward's legacy, which saw more than

850 million dollars in retail sales in just two weeks.

The company just barely missed analysts' estimates of nearly $11.36 billion in revenue,

earning $11 billion, a significant jump from $9. billion dollars in Q3 2022.

Also the streaming segment increased by 6% in revenue at 2.45 billion dollars

beating Wall Street forecasts of $2.39 billion.

Plus, the company failed to beat subscriber estimates adding just 1.1 million

subs across HBO, HBO Max, and Discovery Plus, versus a predicted 1.6 million net editions, bringing

the new total to 96.1 million.

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