ARTFEED — Contemporary Art Intelligence

Warner Bros. Reports $2.9B Loss in Q1 2026

economy-finance · 2026-05-08

Warner Bros. Discovery posted a $2.9 billion loss in the first quarter of 2026, driven by $1.3 billion in restructuring costs including write-downs of its linear cable TV networks. The New York-based media company released the earnings report on Wednesday.

Key facts

  • Warner Bros. reported a $2.9 billion loss in Q1 2026.
  • The loss includes $1.3 billion in restructuring expenses.
  • Restructuring includes updated valuations for declining linear cable networks.
  • The company is based in New York.
  • The earnings report was released on Wednesday.

Entities

Institutions

  • Warner Bros.
  • Los Angeles Times
  • Yahoo Finance

Locations

  • New York
  • United States

Sources