Discontinued — last reported Q3 '24
Warner Bros. Discovery, Inc. DTC — Termination accruals, net increased by 93.3% to -$1.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 97.4%, from -$38.00M to -$1.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase in net termination accruals often signals a strategic pivot or cost-reduction effort, while a decrease or reversal suggests the completion of restructuring activities or more stable contract management.
This metric represents the net impact of accruals related to the termination of contracts within the direct-to-consumer...
Similar to restructuring charges or contract exit costs reported by other media and streaming companies as they rationalize their content libraries and distribution partnerships.
wbd_segment_dtc_termination_accruals_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | -$21.75M | -$21.75M | -$21.75M | -$21.75M | $5.00M | -$18.00M | -$38.00M | -$6.00M | -$15.00M | -$1.00M |
| QoQ Change | — | — | — | — | +0.0% | +0.0% | +0.0% | +123.0% | -460.0% | -111.1% | +84.2% | -150.0% | +93.3% |
| YoY Change | — | — | — | — | — | — | — | +123.0% | +17.2% | -74.7% | -220.0% | +16.7% | +97.4% |