Warner Bros. Discovery, Inc. Film and television content rights, games, and production payables, net decreased by 12.9% to -$2.60B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from -$2.85B to -$2.60B. Over 3 years (FY 2021 to FY 2025), Film and television content rights, games, and production payables, net shows a downward trend with a 50.0% CAGR.
Large outflows indicate heavy investment in content production or acquisition, which may precede future revenue.
This represents the net change in liabilities related to the production, acquisition, and licensing of film and televisi...
Specific to media and streaming companies with significant content production cycles.
operating_increase_decrease_in_content_rights_and_payables| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$845.25M | -$845.25M | -$845.25M | -$3.14B | -$3.14B | -$3.14B | -$3.14B | -$3.08B | -$3.08B | -$3.08B | -$3.08B | -$3.16B | -$2.84B | -$2.85B | -$3.47B | -$2.78B | -$2.31B | -$2.60B |
| QoQ Change | — | +0.0% | +0.0% | -271.5% | +0.0% | +0.0% | +0.0% | +2.0% | +0.0% | +0.0% | +0.0% | -2.6% | +9.9% | -0.1% | -21.9% | +19.8% | +17.1% | -12.9% |
| YoY Change | — | — | — | — | -271.5% | -271.5% | -271.5% | +2.0% | +2.0% | +2.0% | +2.0% | -2.6% | +7.6% | — | — | +11.8% | +18.9% | +8.5% |