Warner Bros. Discovery lifts streaming income 29% on $2.9 billion revenue

The quarter shows Warner Bros. Discovery’s streaming unit growing both revenue and operating income at the same time, which is the cleanest signal in the report. For the broader streaming business, that matters because the segment is producing more income on a larger revenue base, not just adding scale. The only concrete marker to watch next is the company’s next earnings report for the same two metrics: Streaming segment operating income and streaming revenue.