From September 3, users in India can no longer purchase new discovery+ subscriptions through Warner Bros. Discovery or third-party providers
Warner Bros. Discovery
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12 Articles
Warner Bros. Discovery’s discovery+ app to be shut down in India
Branch Discovery Ads’ Kunik Patel on value of impressions, moving beyond last click & more
As consumer journeys fragment across apps, CTV, search and retail, Branch Discovery Ads’ Kunik Patel says, marketers are looking beyond clicks to meas...
Showcasing The Indian Narrative – Discovery’s Declassified: Operation Sindoor
Guest Column: Bhuvan Lall traces Discovery’s India journey and highlights how filmmakers Prabhu and Manika Asgaonkar are bringing India’s military sto...
Paramount to sign deal with theatres for 30 films a year post WBD acquisition: Reports
According to media reports, Paramount is offering theater operators a three-year agreement under which the company will promise to release at least 30...
Google's Sanjay Ghemawat bows out after 27 years to build AI-driven Discovery
The Indian-American engineer behind Google's core infrastructure exits to launch Discovery Loop, as Pichai and Hassabis confirm changes atop Google De...
UK approves Paramount Skydance acquisition of Warner Bros. Discovery
Separately, Paramount has entered into a deed of covenant and undertaking with the UK Department for Digital, Culture, Media and Sport
WBD Q2 revenue falls 11% as advertising and studio businesses weigh on earnings
Warner Bros. Discovery reported $8.7 bn in second-quarter revenue as advtg fell 22% & content revenue declined 26%, while its streaming biz continued...
David Ellison defends Paramount-Warner Bros. Discovery merger amid legal battle
Ellison’s remarks came as a federal judge scheduled a March 2027 trial to hear antitrust challenges to the merger
Paramount Skydance–Warner Bros Discovery merger paused until June 2027
According to media reports, the delay follows lawsuits filed by 12 US states and the Writers Guild of America, which contend that the merger would red...
Paramount–WBD deal remains on hold until August 17
As per reports, California and 11 other US states have challenged the proposed $110 billion merger
Paramount secures EU nod for US$110 billion Warner Bros deal
With the clearance from the European Commission, bodies and governments representing 65 jurisdictions have either cleared the transaction or chosen no...
Paramount's $110 bn Warner Bros. Discovery acquisition faces US lawsuit
California and 11 other states in the US have filed suit seeking preliminary injunction
Leadership Timeline
1 Update
Oct 2023
Latest
Makan Delrahim — Chief Legal Officer (appointment)
Commented on the approval from the European Commission regarding the acquisition by Paramount.
AI Insights
AI
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Revenue Decline. Warner Bros. Discovery experienced an 11% drop in Q2 revenue, primarily due to a 22% decrease in advertising and a 26% decline in content revenue.
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Streaming Growth. Despite overall revenue declines, the streaming segment of Warner Bros. Discovery saw a 63% increase in adjusted EBITDA, indicating a shift in consumer preferences towards streaming services.
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Discovery+ Shutdown. The decision to shut down the discovery+ app in India reflects a strategic move to streamline operations and focus on more profitable segments.
FAQs
AI
The discovery+ app will be shut down in India on September 3.
Warner Bros. Discovery reported $8.7 billion in revenue for Q2.
The revenue decline was primarily due to a 22% drop in advertising and a 26% decrease in content revenue.
The streaming business showed growth, with adjusted EBITDA increasing by 63% excluding foreign exchange effects.
The merger is currently on hold due to legal challenges and is paused until at least June 2027.
AI-assisted summary, reviewed by our newsroom
AI
Warner Bros. Discovery is shutting down its discovery+ app in India effective September 3, ceasing new subscriptions through all channels. The company reported a significant revenue decline in Q2, with advertising and content revenue falling sharply, although its streaming business showed growth.
Key Executives
2 People
DE
David Ellison
Executive
KP
Kunik Patel
Branch Discovery Ads Executive