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Warner Bros. Discovery formally starts post-merger operations

WarnerMedia-Discovery merger formally closes, creating one of the largest media entities based in the US

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CEO of newly merged company stresses financial discipline in call with analysts
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Media group Warner Bros. Discovery has reported a 25-per-cent first-quarter revenue increase at its international operations, thanks in part to Discovery’s broadcast of the Beijing 2022 Winter Olympics.
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Discovery, the US-based media group that owns Eurosport, today (Thursday) reported full-year revenues of $4.54bn (€4.0
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Media group Discovery has reported $1.09bn (€919.5m) in second-quarter revenues for its International Networks division and now also boasts 18 million direct-to-consumer streaming subscribers.