Warner Bros Discovery (WBD) says expects to exceed 140mln subscribers by the end of Q1 2026, with projections to pass 150mln by year-end 2026; HBO Max platform has surpassed 130mln subscribers globally

• Internal plans target roughly tripling streaming profits by 2030, reflecting a continued push toward scale and profitability in the direct-to-consumer segment.

Warner Bros Discovery's updated subscriber projections signal strong confidence in its streaming strategy, potentially outpacing market expectations. This growth trajectory reflects a strategic focus on profitability in the direct-to-consumer segment, which is crucial as competition in the streaming space intensifies. Investors should consider how this growth outlook might impact revenue and market positioning relative to peers.