Discontinued — last reported Q3 '24
Warner Bros. Discovery, Inc. Networks — Termination accruals, net increased by 95.3% to -$2.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 93.5%, from -$31.00M to -$2.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase in net termination accruals indicates higher costs associated with exiting contracts, potentially signaling a strategic shift or consolidation of the network portfolio. A decrease or negative value suggests lower exit costs or the reversal of previously estimated liabilities.
This metric represents the net impact of accruals related to the termination of contracts within the company's televisio...
Similar to restructuring charges or contract exit costs reported by other media and telecommunications conglomerates undergoing portfolio rationalization.
wbd_segment_networks_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 | -$53.25M | -$53.25M | -$53.25M | -$53.25M | $11.00M | -$118.00M | -$31.00M | -$11.00M | -$43.00M | -$2.00M |
| QoQ Change | — | — | — | — | +0.0% | +0.0% | +0.0% | +120.7% | <-999% | +73.7% | +64.5% | -290.9% | +95.3% |
| YoY Change | — | — | — | — | — | — | — | +120.7% | -121.6% | +41.8% | -200.0% | +63.6% | +93.5% |