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Warner Bros. Discovery
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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Warner Bros. Discovery's Revenue by Segment

In fiscal year 2024, Warner Bros. Discovery's revenue by segment (products & services) are as follows:

  • Advertising: $8.09 B
  • Content Licensing Contracts: $10.30 B
  • Distribution Revenue: $19.70 B
  • Service, Other: $1.23 B

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The above chart shows Warner Bros. Discovery's revenue percentage share by segment (products and services).

In fiscal year 2022, Warner Bros. Discovery's revenue by segment is as follows:

  • Advertising generated $8.52 B in revenue, representing 25.21% of its total revenue.
  • Content Licensing Contracts generated $8.36 B in revenue, representing 24.72% of its total revenue.
  • Distribution Revenue generated $16.14 B in revenue, representing 47.73% of its total revenue.
  • Service, Other generated $791.00 M in revenue, representing 2.34% of its total revenue.

The biggest segment for Warner Bros. Discovery is the Distribution Revenue, which represents 47.73% of its total revenue.
The smallest segment for Warner Bros. Discovery is the Service, Other, which represents 2.34% of its total revenue.

The above chart shows Warner Bros. Discovery's revenue percentage share by segment (products and services).

In fiscal year 2023, Warner Bros. Discovery's revenue by segment is as follows:

  • Advertising generated $8.70 B in revenue, representing 21.05% of its total revenue.
  • Content Licensing Contracts generated $11.20 B in revenue, representing 27.11% of its total revenue.
  • Distribution Revenue generated $20.24 B in revenue, representing 48.98% of its total revenue.
  • Service, Other generated $1.18 B in revenue, representing 2.86% of its total revenue.

The biggest segment for Warner Bros. Discovery is the Distribution Revenue, which represents 48.98% of its total revenue.
The smallest segment for Warner Bros. Discovery is the Service, Other, which represents 2.86% of its total revenue.

The above chart shows Warner Bros. Discovery's revenue percentage share by segment (products and services).

In fiscal year 2024, Warner Bros. Discovery's revenue by segment is as follows:

  • Advertising generated $8.09 B in revenue, representing 20.57% of its total revenue.
  • Content Licensing Contracts generated $10.30 B in revenue, representing 26.19% of its total revenue.
  • Distribution Revenue generated $19.70 B in revenue, representing 50.1% of its total revenue.
  • Service, Other generated $1.23 B in revenue, representing 3.14% of its total revenue.

The biggest segment for Warner Bros. Discovery is the Distribution Revenue, which represents 50.1% of its total revenue.
The smallest segment for Warner Bros. Discovery is the Service, Other, which represents 3.14% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Advertising 25.21% 21.05% 20.57%
Distribution Revenue 47.73% 48.98% 50.1%
Content Licensing Contracts 24.72% 27.11% 26.19%
Service, Other 2.34% 2.86% 3.14%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Warner Bros. Discovery.

In fiscal year 2024, the Distribution Revenue generated the most revenue ($19.70 B), and the Service, Other generated the least revenue ($1.23 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Advertising revenue decreased -7.01% ($610.00 M) from $8.70 B (in 2023) to $8.09 B (in 2024).
  • Content Licensing Contracts revenue decreased -8.09% ($906.00 M) from $11.20 B (in 2023) to $10.30 B (in 2024).
  • Distribution Revenue revenue decreased -2.65% ($536.00 M) from $20.24 B (in 2023) to $19.70 B (in 2024).
  • Service, Other revenue increased 4.4% ($52.00 M) from $1.18 B (in 2023) to $1.23 B (in 2024).
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    Summary Table

    Products & Services 2022
    Value Change
    		2023
    Value Change
    		2024
    Value Change
    Advertising $8.52 B - $8.70 B
    2.06%
    		$8.09 B
    7.01%
    Content Licensing Contracts $8.36 B - $11.20 B
    34.01%
    		$10.30 B
    8.09%
    Distribution Revenue $16.14 B - $20.24 B
    25.37%
    		$19.70 B
    2.65%
    Service, Other $791.00 M - $1.18 B
    49.30%
    		$1.23 B
    4.40%
    Total Revenue $33.82 B - $41.32 B
    22.19%
    		$39.32 B
    4.84%

    Frequently Asked Questions

    What was Warner Bros. Discovery's largest product segment last year?

    In fiscal year 2024, Distribution Revenue revenue reached $19.70 Billion, representing 50.1% of Warner Bros. Discovery's total revenue and making it the largest segment for the company.

    Which product segment experienced the highest growth for Warner Bros. Discovery last year?

    The Service, Other segment is Warner Bros. Discovery's highest growth segment, with a revenue growth of +4.4% in 2024 compared to 2023.

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